Because if the underlying stock falls 33 % and you’re invested in the 3x ETP, you can lose all your investment. They’re meant more for daily trades and swing trades, not long-term.
Here’s a great thread by @Oktay.
Because if the underlying stock falls 33 % and you’re invested in the 3x ETP, you can lose all your investment. They’re meant more for daily trades and swing trades, not long-term.
Here’s a great thread by @Oktay.