dpb

3X Leveraged ETFs Immediately Popular with Traders

My vote is for fun AND lethal. I equate these triple leveraged ETF's to trying to catch a falling, flaming sword. There are some people out there who are professionals at catching flaming swords and there are some people who may be able to occasionally catch a flaming sword but most people are just going to get burned or cut. I can see amateur investors getting wiped out with these tools because they are on the wrong side of a trend.

with that said, I will probably be trading them myself. wish me luck!