---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43298021.md"
description: "$ProShares Shrt QQQ(PSQ.US)This short leveraged ETF using swap contracts (inverse fund) seems like hedging doesn't work well, unless it's a one-way market. If it's a volatile market, the 1x loss from hedging is too large, and 1x doesn't hedge much. If the multiplier is higher, losses in a volatile or bull market would be even greater. I've learned my lesson: next time for such negatively correlated assets, I must follow mathematical logic (add positions based on how much it drops mathematically), otherwise buying at the bottom all at once will wipe out the capital due to decay."
datetime: "2026-08-10T05:05:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43298021.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43298021.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43298021.md)
author: "[新用戶_dLcvRX](https://longbridge.com/en/profiles/22978229.md)"
---

# $ProShares Shrt QQQ(PSQ.US)This short leveraged ET…


### Related Stocks

- [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)
- [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md)

## Comments (1)

- **新用戶_dLcvRX · 2026-08-10T05:12:34.000Z**: Sometimes it's fine to use these ETFs to check the moving averages.