in periods of low volatility leveraged etfs can be profitable as long term investments in spite of the normal caveats which generally apply. one counter example is .....
Q: Is a Bear 3X Commodity ETF Worse than 3X Bull Commodity ETF?
A: It doesnt matter you should only ever be shorting both, leveraged ETFS get destroyed over time. Look at a 5 year chat of NUGT, or UVXY, that should tell you all you need to know about which side you want to be on.
%%
Max;
Sounds like you have winning plan, shorting FAZ, SDS,, SQQQ,in bullmarkets , or 5 years short UVXY most markets LOL.
This is not a prediction, but i would not short FAS, TQQQ, SPXL,SSO, UPRO, they have going profitable past 5 years+ including longer time frames + from 2008. That may not affect you, since you said commodity- those are 3 X SPY, 3xQQQ. I like big trends /big letters