/biz/ - Business & Finance

>>25100283
That is true. It's a mistake to assume it's wrong just because you had one great year and crushed the indexes easily. The kind of trading necessary to pull that far ahead involves high risk. Continuing to engage in high risk means sharp drawdown on occasion, meanwhile index keeps steadily rolling up. You can get chewed up when market is flat and nothing trends up like you want it to.

That said, 2x index beats 1x index long term easy if you cost average it. 3x can pull way ahead if conditions are like the last several years where dips do steep V recoveries.