Soon they will be available only to daytraders, which is the intended use anyway. I'm not saying that's a good thing, just an observation. I thought business in America was about choices and freedom, but I think I'm wrong on that one. Seems like a good product as long as they are closely managed by a trader who understands their purpose.
Having said that, if one likes leverage, why not trade the e-mini futures? The leverage is even higher, and TF and YM are easier to trade than say, FAS or SKF, in my opinion.
Leveraged ETFs: Is Tracking Error Really So Troublesome? [View article]
Whatever. There's at least 9,000 equity vehicles from which to choose. If this is so bothersome, then focus on something else. The ultras and triples are fantastic tools for those who have figured them out. Here's a tip: If you consider yourself an investor instead of a trader, then stay away from these things.
Everybody Hates Leveraged ETFs [View article]
Having said that, if one likes leverage, why not trade the e-mini futures? The leverage is even higher, and TF and YM are easier to trade than say, FAS or SKF, in my opinion.
Leveraged ETFs: Is Tracking Error Really So Troublesome? [View article]
Here's a tip: If you consider yourself an investor instead of a trader, then stay away from these things.