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Cinnamon Man
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Hi guys is this ETF 3X of S&P 500 index?
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Cinnamon Man
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$ProShares UltraPro Short S&P500 ETF (SPXU.US)$ 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 direc...
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