I am testing a strategy using leveraged ETF's. My simulation shows it is feasible and successful. I have the following considerations:
1. ETF's are funds of many stock stocks, especially market ETF such as TQQQ. It has market risk but not the risk of individual companies. Sometimes, individual companies have higher risk than the market itself.
2. My strategy is short term, This reduces the long term risk.
Please let me know what action I should take without liquidating my positions at loss at this moment. Should I impose the amount of leverage ETF investment in my account, please give me a guildline.
Len Mei Comment On Regulatory Notice 22-08
Dear sirs
I am testing a strategy using leveraged ETF's. My simulation shows it is feasible and successful. I have the following considerations:
1. ETF's are funds of many stock stocks, especially market ETF such as TQQQ. It has market risk but not the risk of individual companies. Sometimes, individual companies have higher risk than the market itself.
2. My strategy is short term, This reduces the long term risk.
Please let me know what action I should take without liquidating my positions at loss at this moment. Should I impose the amount of leverage ETF investment in my account, please give me a guildline.