/biz/ - Business & Finance

So I made a "simulator" for a hypothetical ETF at 1x, 2x, and 3x leverage so I could better understand what it meant when performance was meant to be matched between a leveraged ETF and its base on a day-to-day basis but NOT on a greater timeframe (week/month/year etc). This got me wondering if there is any sort of trading strategy that focuses on hopping between different leverages of one ETF. Attempting to ride a pump on a higher leverage and then jump off onto a lower leverage. Do any traders with experience here know of strats like this?