YITBOSGP

Triple Leverage ETFs Should Be Reserved for the Strongest Conviction

BGU could be useful if you find Jason's double the DOW (DtD) strategy too boring for you. I would try Jason's DtD if you haven't already before diving into BGU, to get a feel for the valuation swings of 2x. If you do decide the DtD isn't enough action for you either:

use a portion you would have used for the Double the Dow Strategy to buying BGU
or
Sell a portion of your DtD holding and buy BGU

(I would recommend the former over the latter).

It might also be worth noting that the DtD uses a mutual fund as opposed BGU which is an ETF. A major difference being you can buy/sell into and out of an ETF intraday, whereas the Mutual fund you have to wait until the end of the day for your trade to finalize.