Ive been well informed by my stock broker with written documents and explanation about the risk of leveraged and inverse funds/ETFs. Therefore, I DO have the knowledge and understanding about the risks/rewards regarding the said funds/ETFs. Thus, I would like the freedom to trade inverse and leveraged ETFs since they enable me the flexibility to profit from both rising or falling or even flat stock markets by taking advantage of the associated covered-call option trades, and also to hedge against or reduce/limit the amount of potential losses. In addition, leveraged ETFs enable me to have outsize profits when the news/facts indicate its very likely the said ETFs will increase in values.
Dan Tran Comment On Regulatory Notice 22-08
Ive been well informed by my stock broker with written documents and explanation about the risk of leveraged and inverse funds/ETFs. Therefore, I DO have the knowledge and understanding about the risks/rewards regarding the said funds/ETFs. Thus, I would like the freedom to trade inverse and leveraged ETFs since they enable me the flexibility to profit from both rising or falling or even flat stock markets by taking advantage of the associated covered-call option trades, and also to hedge against or reduce/limit the amount of potential losses. In addition, leveraged ETFs enable me to have outsize profits when the news/facts indicate its very likely the said ETFs will increase in values.