mwfall

Why Leveraged ETFs Are Bound to Deteriorate

you should post a new article explaining your mistake for all the people that read your false mis-information.

Why Leveraged ETFs Are Bound to Deteriorate

THE AUTHOR IS 100% WRONG. HIS ARTICLE IS WORTHLESS AND HE'S A MATH DUNCE.

HERE'S HIS MISTAKE:

take the triple levereged one.
when it goes from 100 to 70 the percentage loss is calculated by dividing 30 into 100 equals 30% (he was right on that one)
when it goes from 70 to 100 the percentage gain is calculated by dividing 30 into 70 equals 42.85% gain !!