⚠️ Leveraged ETF Risks

Leveraged ETFs like UPRO (3x S&P 500) or SQQQ (3x inverse NASDAQ) reset daily, causing decay over time due to compounding effects. A 10% up day followed by a 10% down day leaves the underlying flat but costs leveraged ETFs value. These products are designed for short-term trading, not buy-and-hold strategies. Decay accelerates in volatile markets, making timing crucial for success.