I Am 102927471 :
WONG KOK YONG : Is this an etf with a 2X leverage? Can it be held long term?
特斯拉发财 OP WONG KOK YONG : Yes, not recommended to hold long term.
WONG KOK YONG : Which one etc can hold for 3-5years? This one 03033?
Seraphicall WONG KOK YONG : 3033 is 1xleverage whereas 7226 is 2x. Both are leverage ETFs. Not supposed to hold for long term as there’s time decay. Just use either one for fast trades
I Am 102927471 :
WONG KOK YONG : Is this an etf with a 2X leverage? Can it be held long term?
特斯拉发财 OP WONG KOK YONG : Yes, not recommended to hold long term.
WONG KOK YONG : Which one etc can hold for 3-5years? This one 03033?
Seraphicall WONG KOK YONG : 3033 is 1xleverage whereas 7226 is 2x. Both are leverage ETFs. Not supposed to hold for long term as there’s time decay. Just use either one for fast trades