ELI5: 3 X Leveraged ETFs? Is it worth it?

3X Bull ETFs

Direxion Financial Bull 3X – Triple-Leveraged ETF (FAS)

Direxion Small Cap Bull 3X – Triple-Leveraged ETF (TNA)

Direxion Large Cap Bull 3X – Triple-Leveraged ETF (SPXL)

3X Bear ETFs Direxion Financial Bear 3X – Triple-Leveraged ETF (FAZ)

Direxion Small Cap Bear 3X – Triple-Leveraged ETF (TZA)

Direxion Large Cap Bear 3X – Triple-Leveraged ETF (SPXS)

What are these markets? Can someone ELI5?

Submitted December 01, 2017 at 04:15PM by william_the_prophet http://ift.tt/2AjYDG5