From Stock Charts.com... graphs of SLV,USLV and TNA,IWM. One where there was not a profound uptrend, the other has that. Suggests to me that rather than "long term B&H", better to attempt to "time" the silver move.
%% They split some of that stuff so much............................................ Maybe one reason some hate TA so much LOL
LETFs are path-dependent realized vol products. They should be avoided if you don't know how to model them.
%% Good pointsTrenderNurse; think of what you could lose ;+ lose in opportunity cost$, if all put money in bank CDs only
%% CS called in the note, so to speak ,on UWTI[ 3X oil uptrend ]; still had plenty of good trends, good volume, but they never raised margins.LOL I called up Janus + asked the if they were going to split it again, when it got real Low; Janus said that would be up to Credit Suisse. I just found out the stock market closed during WW I according to IBD chart book -when it opened back up it gapped up a lot; a real killer for the leveraged shorts
Which do not behave in the same way as a 3x ETF, so not an apples to apples comparison. The times you get into trouble with leveraged ETFs are the times you don't understand the difference.
I thought it would be uncontroversial to suggest one not trade something they don't understand. Apparently not.