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The company known as Direxion Funds offers both Bull and Bear versions of their Exchange Traded Funds which are referred to as "leveraged" funds. They are basically index funds which have been enhanced to improve their performance. Unlike most products in this world, these funds really are genuinely leveraged or enhanced. That means these funds, particularly two of them can rocket up or down. I have been actively trading all of the funds listed below for some months. I have not recently been trading the companion Bear versions. I did attempt some trades and found those funds could be wickedly hard to control. Not that the Bull market variants are all that easy to control. I have both made extraordinary profits and experienced some losses. As of mid June 2009 I had been enjoying a remarkable run of success. Then we hit a pocket of downmarket results and I just recently decided to sell a few holdings but keeping almost all of my investments intact. To date I feel the risks are worth the rewards. I've never been able to make profits at this rate. I also have not taken these types of risks. Here are the Direxion Bull Market enhanced funds I've been employing: BGU Daily Large Cap Bull 3x shares MWJ Daily Mid Cap Bull 3x shares TNA Daily Small Cap Bull 3x shares ERX Daily Energy Bull 3x shares FAS Daily Financial Bull 3x shares TYH Daily Technology Bull 3x shares DZK Daily Developed Market Bull 3x shares EDC Daily Emerging Markets Bull 3x shares So what's the big deal about these particular funds? You can, potentially, make more profits with these products than any other I've experienced. But there are serious, ongoing risks in trading these funds and Direxion clearly acknowledges that risk. I'm looking for others who actively trade these funds or might wish to try. I want to exchange information, talk about approaches that have worked I am willing to show interested parties what I know about using these funds.
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