using leveraged oil/gas ETFs like NRGU


NRGU….I know they're risky and many traders use them on a short term basis….but with oil gas stock prices rising (and might go higher due if Russia invades Ukraine) how long should the normal retail investor (moi) invest in them, to just hopefully get that 3x boost without staying too long and instead the opposite: a 3x hit? If I invested the amount would only be $1-5k
Thanks!


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