Replies to post #1518 on "~FAnTA$tic DD ~"

[DoubleTop]

Do you have a link ?

Assuming ...
the Underlying Index goes Up %1 then Down 1%.
Then the 3X Fund goes Up / Down 3% every two days.
That creates 0.09% Shrinkage every two days.
Which is a Gain if SHORT.
Compounded for 100 of 2 Day Round Trips
is about 10% Gain per year.

If you can find a 3X Fund that swings more than +/-3%
per day then your Returns increase accordringly.

Also, would you need to balance the two funds
every night to remain Market Neutral?