Triple x trading
http://www.triple-x.org/ WebApr 3, 2024 · Triple-leveraged (3x) exchange-traded funds (ETFs) come with considerable risk and are not appropriate for long-term investing. Compounding can cause large losses for 3x ETFs during volatile...
Triple x trading
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WebJul 17, 2024 · The reason being the overnight gaps that frequently happen throughout the trading week. Say an index opens the day on the NYSE down 1%, if you had held a bullish 3 X ETF overnight your immediate return on … WebDec 9, 2024 · 3x leveraged ETFs look to generate three times the returns of the underlying index. This also means 3x leveraged ETFs also will generate losses that are three times that of the index. It's also key to know that the return is expected on the daily return, not the annual return. 3x leveraged ETFs are often not considered wise long-term investments.
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