MicroSectors FANG Index 3X Inverse Leveraged (FNGD)

[Pennyes]

Sure Taco, the leveraged ETFs decay factor is something that turns the traders/investors to buy, sell or play as a short term!?..

but, that is not a good strategy when the ETF or ETN is on a Bull Rally?, like how the FANG is moving right now!... I like to be buy/hold and be long in a scenario like this!.

Each ETF/ETN has to be analyzed separately, as they all behave bit different. For example JNUG or GLD, one is leveraged 3x and the other is 1x but they totally behave like in different sector and different behavior thought both are in Gold!.