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
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