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Markets on steroids
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AT-March 2009-3
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Leveraged ETFs are designed to magnify the performance of their underlying markets, but there is a crucial difference between their daily moves and longer-term behavior.
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Detailed Description
Leveraged exchange-traded funds (ETFs) are wildly popular with traders, but their performance has some people scratching their heads.
Leverage lets you to control a larger position than your equity would otherwise allow and magnifies both gains and losses.
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