Posted by sschulman on 31st of Jul 2012 at 11:38 am
Thanks Muslhead and Parkridge77 and Bkout3.
I'd be selling a long ETF, not buying a short ETF so I think
the leverage wouldn't work against me so much. I had no idea that
they were based on futures, nor did I consider they might be hard
to find to short. Hadn't heard of spxu. Will look into it. LOL, so
much I didn't know! Will look into all of it.
I remember at first the idea of shorting something that seemed
destined to decay seemed like the perfect solution. However when I
tested a couple of examples (I think with TZA) it still didn't work
out over a period of weeks -- just saying one can't assume this
solves the problem without at least some testing. I tend to stay
with the unleveraged ETFs and just use larger size if needed.
Posted by muslhead on 31st of Jul 2012 at 11:43 am
matt
Which broker are you using? i work with 3 and none
typically have the leveraged etfs available for short. your
strategy is clearly the best but it has been unavailable for me to
follow
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Thanks Muslhead and Parkridge77 and
leveraged ETF's
Posted by sschulman on 31st of Jul 2012 at 11:38 am
Thanks Muslhead and Parkridge77 and Bkout3.
I'd be selling a long ETF, not buying a short ETF so I think the leverage wouldn't work against me so much. I had no idea that they were based on futures, nor did I consider they might be hard to find to short. Hadn't heard of spxu. Will look into it. LOL, so much I didn't know! Will look into all of it.
.....Susan
maybe consider shorting SSO instead
Posted by frtaylor on 31st of Jul 2012 at 11:53 am
maybe consider shorting SSO instead of UPRO.
that's generally what Steve and
Posted by matt on 31st of Jul 2012 at 11:40 am
that's generally what Steve and I have done, if we play the leveraged ETF's, we tend to short the long ones vs buying the inverse ones
Title: Shorting leveraged ETFs I remember
Posted by bkout3 on 31st of Jul 2012 at 01:57 pm
I remember at first the idea of shorting something that seemed destined to decay seemed like the perfect solution. However when I tested a couple of examples (I think with TZA) it still didn't work out over a period of weeks -- just saying one can't assume this solves the problem without at least some testing. I tend to stay with the unleveraged ETFs and just use larger size if needed.
matt Which broker are you using?
Posted by muslhead on 31st of Jul 2012 at 11:43 am
matt
Which broker are you using? i work with 3 and none typically have the leveraged etfs available for short. your strategy is clearly the best but it has been unavailable for me to follow