Unfortunately due to unforeseen circumstances I had to close out my LNAS position today.
It was only a small.experimental position.
Made a decent 65% return based on buying a small monthly amount, every month between Jul-22 & Apr-24.
That included only paying $11 in total brokerage fees for all the purchases & the close out.
Over the same period the NASDAQ went up 52% & LNAS 74%, so the actual gearing impact was approx 112.6% nowhere near the theoretical 225%.
Just goes to show you have to be really careful with ETFs even when the market is with you.
Good luck all.
Unfortunately due to unforeseen circumstances I had to close out...
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