How to Lose 50% in a Day on ETFs: Trade of the Century
mishtalk.com / Mike “Mish” Shedlock / May 19, 2017 5:32:08
With options and futures, you can go broke and then some in minutes.
Thanks now to leveraged ETFs you can produce some amazing results in a day.
Pension Partners reports How to Lose 40% in a Day.
Losing 40% or more in a day was always possible using futures and options, but before June 2006 it was nearly impossible to do so using an exchange-traded fund (ETF). What happened in June 2006? The first leveraged ETFs were introduced.
The post How to Lose 50% in a Day on ETFs: Trade of the Century appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/05/19/how-to-lose-50-in-a-day-on-etfs-trade-of-the-century/
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