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I entered a modest swing trade today using the 3X Leveraged Long ETF "UDOW". Some folks are concerned about drag on these leveraged ETF's. I have not found that to be worth worrying about for swing trades since the effect is hardly noticeable over a few days or weeks. I've actually seen where greater than 3x can happen in strong trends. I'm told it's chop that causes fast deterioration. I'll convert this trade to futures if the market continues to rise. 1/4/18