The Age of the 2x & 3x Idiot's Club

Here are the essential clues to illuminate current traders as the idiots they have become. They trade 3x products and they trade often. A monkey can trade these products daily to achieve skewed/amplified/ magnified percentages, but in reality it is highly unlikely they will make any real money using this method. It is just a game they are playing to achieve amplified percentages, not actual cash or performance. In essence, they are too stupid to actually trade stocks.

Common examples are: FAS, FAZ, TNA, TZA.

Upon opening up a portfolio and seeing any of these products within, immediately discard the individual as a colossal dumbass.

OTHER Closely related ETF's that have gained membership into the Club for Air Brains would be SDS, QID, SKF, QLD MWN, SCC, UYG, TBT, UWM, and on & on . . .

Actually, there are so many of these products that have been created to make even idiots look good that it is Freaking Hilarious. There is a sucker born every minute and the companies that produce this type of trash know this.


The bottom line is this: If you notice a portfolio or an individual that uses these products which track 3X or 2X the performance, or the inverse of what ever they happen to be tracking; do yourself a favor by not looking to this person for any type of intelligent thought.