Those double ETF’s are a menace, only good for day trading….because u don’t get the overnight move…..say u buy the double long, stock closes at 10.00 next day it opens 10 % up at 11.00……….then closes up 20 % at 12.00 u only get the daily 10 % move 11 to 12.00 not the 20 % the stock really moved…..
For PM shares they are a disaster, as the Stocks regularly jump around large percentages….
