RE: Trying to understand Santa Hurt post about leveraged ETFs[Eng-Spn]

Hi, I'm also learning, and what I've been able to research during my post regarding the question is that the multiplier is fixed daily, but in the long run, the final result can be very different from a simple '3x' due to compound interest and operating costs. That's why, as you mentioned, they are precision tools for quick trades and not so much for 'buy and forget' strategies.
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