$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ is invest i...

modest Narwhal_1005 : 1-3 years, based on when it will climb to historic high p/e ratios.

Forever Learning modest Narwhal_1005 : leverage etf is not suitable for long term, 1-3 years ? the etf decay will burn you, dont simply suggest

Seemslegit : it's true don't hold long term I held for 3 months and was starting to feel the burn only reason I held is cause nvidia was coming back

Golden John OP : that means it's only good for holding for jus few months?

105251507 Golden John OP : it good to hold for long time if u keep checking and set a stop loss..so u can enter lower..if u leave for 3 years the etf will decay n if u buy at high ..u will not get profit and might get loss instead

modest Narwhal_1005 Forever Learning : That's what everyone says. If you look at the one year history you can see it does work quite well. The same evaluating principles of the underlying asset and dca are applicable. Buying at the wrong time is a guaranteed loss though.

modest Narwhal_1005 Seemslegit : I also started 3 months ago and am up 27%. The dca method works very well for almost any stock. Only problem I see is Nvda's p/e ratio.

102514703 : If you look at the height before the Nvidia 140, compare it with the NVDL 90 height, and compare it with the recent price of the Nvidia 140, you'll see that it has some additional costs