203: Bob Bright – The Pursuit of Edge
Chat With Traders
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How to Sell a Leverage ETF
If you have a product of $100, a particular ETF, you can sell it. Say it goes up 1% a day and you sell it to one side and you also sell the other side. You're actually selling, for a good example, over a period of say three or four months, it goes up 10% and down 10%. If you did the regularETF, you start at $100 and you end up with $100. But if you do it with leverage, you take a $100 product and you short the long and it goes up to $130 because it's triple,. So that's what I mean by a mathematical game. It's similar to any of the
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