I have been an investor for more then 40 years and own all types of risk assets including stock and bond ETFs, mutual funds, individual equities in every industry, highly risky and rarely successful option trades and leverages and short funds.
I have had more success trading short or leveraged funds then options. Even a seasoned investor like myself looses money regularly with options. Short
When tyrants in third-world dictatorships want to steal freedoms from their citizens, they shamelessly grab them.
When tyrants in first-world "sophisticated" nations want to steal freedoms from their citizens, they grab them under the guise of "safety" and "security."
Your latest attempt to limit retail access to leveraged and inverse
I just want to have options when I need it and have funs when I am trading a X3 fund. Please do not take this away from me.
Comments:
Leveraged and Inverse funds provide me with a unique capability to both hedge market risks and provide a balanced portfolio. As an individual investor, I understand the risks associated with these and other products.
The market is currently stacked against a small investor because the entry is regulated by experience and wealth (not behavior). For example, the day trade rule takes a
During my 40 plus years of trading and investing for both short and long term profits, I utilize both leveraged and inverse trading vehicles to balance my families portfolios in volatile markets. These are important vehicles which provide that investment strategy in balancing market action.
Regulators should NOT interfere nor have the authority to select/provide what investments are available to
Leveraged funds can have a place in any investment portfolio . One use case I use them for is to help make trades easier in a cash structured account. Sometimes waiting for funds to settle means missing out on a trade due to the 2 day wait period. One can invest 1/3 of an allocation using a triple leveraged fund with the net result of the leverage factor still being one. This allows 2/3 of the
Please dont take away my ability to trade these securities as it is a very important way for me to hedge the huge losses in my portfolio. This is very important.
Comments: At every step along the way of purchasing a leveraged ETF or ETN asset, it is very clear that these products should be held for short term active speculative purposes. Every website you go to when researching the products immediately warns traders about the dangers of beta decay due to long term holding of such assets. I would argue that the risks associated with trading leveraged ETFs
FINRA should not impede retail traders. FINRA should instead regulate institutions to prevent them from taking too large positions all on one side as seen with so called "meme stocks". Institutions all have the same information, they all bet on the same side of futures and create volatility far in excess of their ability to cover positions. Through this practice of
I do not support of this proposal. This proposal would severely limit my ability to execute my trading strategy. I do not need protection from these type of funds.
