Before we get started let’s define what a leveraged fund is. A leveraged fund seeks to amplify the returns of the underlying index or etf that it follows. These funds generally seek returns of 2x or 3x the underlying, and they achieve this by trading financial derivatives like futures and options. For example, QQQ is a very popular tech-heavy etf. TQQQ is an etf based on the QQQ but seeks a 3x return. Meaning if … read more Trading Leveraged Funds
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