I NOW use leveraged ETFs after stock market has plunged ~20% or so. For example i am leveraged now since sp500 dropped from 4800 to 4100 and i believe we have bottomed. Its a great way to rebuild my wealth, especially since i lost a lot of money on UNLeveraged stocks during 2001 dot com and 2008 financial crisis. Why weren't you not protecting us from dot com stocks and citibank and bank of america where i lost massive amounts of money( all unleveraged stocks). So please don't patronize us about leverage. I have always made money on leveraged products and luckly have recouped some of the money using leverage that i had lost in unleveraged stocks.
Rob Digma Comment On Regulatory Notice 22-08
I NOW use leveraged ETFs after stock market has plunged ~20% or so. For example i am leveraged now since sp500 dropped from 4800 to 4100 and i believe we have bottomed. Its a great way to rebuild my wealth, especially since i lost a lot of money on UNLeveraged stocks during 2001 dot com and 2008 financial crisis. Why weren't you not protecting us from dot com stocks and citibank and bank of america where i lost massive amounts of money( all unleveraged stocks). So please don't patronize us about leverage. I have always made money on leveraged products and luckly have recouped some of the money using leverage that i had lost in unleveraged stocks.