Ultra-Ultra Pro ETFs?

I read that a hedging company is gonna release 4x ultra-ultra-super pro ETF ..that is a set of etf's that mimic their underlying indexes by a factor of four instead of two.

Very risky but I can imagine the profit potential from 4x leveraged ETFs if you time it right.
 
Quote from stock_trad3r:

I read that a hedging company is gonna release 4x ultra-ultra-super pro ETF ..that is a set of etf's that mimic their underlying indexes by a factor of four instead of two.

Very risky but I can imagine the profit potential from 4x leveraged ETFs if you time it right.

Yes, truly amazing considering ES futures offer 19x, and are tax-efficient. Are you really this blissfully ignorant?
 
I meant a set of new ETFs like Qid,SSO, DDM but one that is 4x leveraged instead of 2x

With regular options and contracts you can set leverage to any arbitrary level.
 
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