What every trader and investor should know about these high-octane funds.
It's the down side on leveraged ETFs which is the least understood aspect by many. Good one!
Thanks and It is indeed the least understood; you can get crushed with the compounding and volatilty drag for sure if your not careful.
And much faster than anyone expects. Enjoy the day off! We've gotten two inches of snow already. That's pretty fast for Texas.
Oh yeah a 10%-15% daily swing is fairly common so they can be tricky to work with…the weather has been crazy hopefully it melts fast in TX! Have a great day off my friend!
It's the down side on leveraged ETFs which is the least understood aspect by many. Good one!
Thanks and It is indeed the least understood; you can get crushed with the compounding and volatilty drag for sure if your not careful.
And much faster than anyone expects. Enjoy the day off! We've gotten two inches of snow already. That's pretty fast for Texas.
Oh yeah a 10%-15% daily swing is fairly common so they can be tricky to work with…the weather has been crazy hopefully it melts fast in TX! Have a great day off my friend!