SP500 0.58% 2,958.8 standard & poor's 500

But every single gain the gearing is on 200%, but everytime it...

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    But every single gain the gearing is on 200%, but everytime it falls its gearing is 275%. That means its like a casino, when it goes down we dont win much, but when the S&P pumps we lose more than we should. It seems like the gearing is setup like this on purpose, to be minimal on S&P dumps and maximum on pumps.Can you please elaborate because this is 'taking' at least 10-15c off the real price off BBUS and its only been 2 weeks, how can such a decay happen (10%) in just 2weeks. Impossible to win
 
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