Quote Originally Posted by davidallison@shaw.ca View Post
Billy, The advertised trailing stop for TZA seems to be off by more that a dollar. Dave
It is because the tripple ETF is not a real tripple. It is a 2.88 times leveraged ETF, based on intraday volatility differences. (This changes slightly every day) This means that if IWM moves 1%, TNA moves 2.88% and not 3%


Pascal