Leverage & Regret

These things—the Direxion Daily S&P 500 Bull 3X Shares and the ProShares Ultra QQQ—are, essentially, a way to amplify both gains and losses. It’s like taking a perfectly good recipe and adding three times the amount of chili powder. Sometimes it’s brilliant. More often, it’s a desperate scramble for milk. The SPXL promises three times the daily return of the S&P 500, while the QQQ—a slightly more tech-obsessed cousin—aims for double the daily performance of the Nasdaq-100. Which, let’s be honest, feels less like investing and more like a high-stakes game of chance.








