How does 3X ETF work?
I'm interested in understanding the mechanism behind a 3X ETF. How does it operate and what are the key factors that make it different from a regular ETF?
Can you short a 3X ETF?
I'm wondering if it's possible to short a 3X ETF. I've heard about shorting stocks, but I'm not sure if the same principle applies to ETFs, especially ones with leverage like a 3X ETF.
What are the risks of 3x ETF?
I'm considering investing in a 3x ETF, but I'm aware that there might be some risks involved. Could you please outline the potential risks of investing in a 3x ETF so that I can make an informed decision?
Can 3x ETF go to zero?
Can you elaborate on the possibility of a 3x ETF reaching zero value? Is this a common occurrence or a relatively rare scenario? What factors contribute to this potential outcome, and how can investors protect themselves from such risks? Understanding the volatility and leverage involved in these products is crucial for making informed decisions, so could you please provide some insights?