I have a question about triple leveraged stocks(3X)
If I was to buy this and it went to 91.61. Would the growth and take-home be true to the numbers for 100% growth from previous 45.80 of is there some other stuff at play?
Or will I owe additional funds if it was to go down and drop to say 30?
The name of the stock and ticker is:
Direxion Daily Semiconductor Bull 3X Shares
Can someone explain it in a simple way?
Thank in advance
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