April
19

3x ETF’s are wealth destroyers (FAS, FAZ)

Tags:,

My recent long position in the Direxion 3X Financial Bull ETF (NYSE:FAS) was one of my more successful trades of the year. But it was stupid, and not because of the leverage.  I knew it was a leveraged bet.  That’s exactly what I wanted.  But I also knew that I was going to keep the [...]

Comments 0 Post Comment