Direxion's Andy O'Rourke Talks Triple Leverage [View article]
I am a big fan of the 3X leverage, I have some fairly large accts. that I don't want to day-trade and when the market momentum goes against me I am able to buy several 100-1000 shares of a 3x levered bear fund and protect most if not all the principle loss from my longs, and in an IRA that had been just cash till about 3-4 months ago I have been able to more than double the balance using the 3x leverage and Uncle Sam gets none....thank you Direxion
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I am a big fan of the 3X leverage, I have some fairly large accts. that I don't want to day-trade and when the market momentum goes against me I am able to buy several 100-1000 shares of a 3x levered bear fund and protect most if not all the principle loss from my longs, and in an IRA that had been just cash till about 3-4 months ago I have been able to more than double the balance using the 3x leverage and Uncle Sam gets none....thank you Direxion
Dec 16 11:19 am
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