Triple leveraged ETF's are legitimately gambling. If you can make it work more times than not, great. But most can't. Yet they keep looking attractive don't they?
It really comes down to the lure of the quick jackpot. The idea that you can take that $5,000 and come away with $25,000. Just do that a couple times and boom! I'm a big money trader now!
Stick to what works. Jackpots can happen. But 99.99% of attempts to hit one end with a complete loss.
“Give it hell Heinekandle, I’m enjoying it.”
- Farmer @ Johnsongrass, TX
“No secure borders, no alpha military, no energy independence, no leadership and most of all no mean tweets - this is the worst trade I’ve ever witnessed in my lifetime. ***Put that quote in your quote/signature section HeinendKandle*** LOL!”
- also Farmer @ Johnsongrass, TX (obviously in a worse mood)