$ProShares UltraPro Short S&P500 ETF (SPXU.US)$ you guys nee...
$ProShares UltraPro Short S&P500 ETF(SPXU.US$ you guys need to know about compounding and these etfs it refers to / fees for buying selling holding these stock for example say this webt up 5% you were up 100 dollers and u held next day it goes down that sane 5 % u will be down 2% or so from where u would be if there was no fees i dont fully understand why but these bull 1.5 - 3 x and bear 1.5-3x etfs are only for day trades dont hold over night unless u expect major moves in the preferred direction and understand the fees u will pay . ![]()
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WallStreetYoda OP : part of it is we pay the premiums for the puts/ calls on the options chains that the etf is involved in
Cinnamon Man : Long term hold is very likely to lose money, any comment if hold for 2 - 3 months etc