Valiant Eagle Inc (PSRU)

[bwmgftw]

Leveraged etfs are designed to take money from retail traders since they rebalance so often.
The "slippage" can be studied in 2 mins using google.
I regret being ignorant about the issues of decay.

No matter what you trade, if you chase high you are going to end up losing money.
I lost money because I fomo'd in [ fear of missing out].

The idea of buying PSRU at .0001 is the reverse of fomo.

It is buying hate/despondency etc. Buy fear, sell greed.
Sell the rhino horn, buy the fishing line - Jim Sinclair