The Dangers of x2 and x3 leveraged ETF's

Discussion in 'ETFs' started by GordonTheGekko, Sep 26, 2011.

  1. LEAPup

    LEAPup

    I won't even do that. These toys/pieces of crap are for those who will be separated from their money soon.

    Wouldn't touch one for more reasons than one, that's for sure! Total garbage imo! Each to their own I guess...
     
    #31     Nov 28, 2011
  2. I think you need to go back to the beginning both for math and for trading.

    Last time I checked a short-sale has a finite up-side and infinite down-side.

    Just like last time I checked the only way to get zero is to lose 100%.

    You are late to the "short the pairs" party and the 2x have far less decay than the 3x but what do I know... I only built the damm things
     
    #32     Nov 28, 2011