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.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)