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.
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.