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@nerve2old, thanks for the trading suggestion. I think I may give it a try to get my feet wet in Options trading. Now, to follow your post, I would like to present this... Where 2x and 3x leveraged ETFs work well is when the hold period is for a very short duration (ideally 1 or 2 days). An...

Exactly! Someday I'll have to learn how to trade Options... but for now I do like the simplicity of ETFs. Pick your direction, pick your leverage and that is all you need. No strike price and no time frame. That being said, my hat is off to successful Options traders who no doubt make more...