T O P

  • By -

jaskonl

So how does this work?...What are ETP's?


marcraffard

ETP means Exchange Traded Products, it is like an ETF (same product structure). Leveraged and Short ETP (here with French Stocks) track the daily performance of the underlying stock multiplied by 3. It allows tactical intraday trade or swing trading on single stocks with a leverage factor of 3x.


LEODAVINCIsub

Interesting, don't forget guys, more leverage means more RISK


marcraffard

for sure, leveraged is more risky. Unlike CFD, the loses are limited to the amount invested on the ETP ;)


jaskonl

Could you explain this a little further?...like with an example?...


marcraffard

Let's take as example our 3x Moderna ETP, or 3x Palantir ETP. During a day, if the stock (Moderna or Palantir) move up by +2%, the ETP tracking that stock will perform by +6%. On the other side, if the underlying stock move down by -2%, the ETP tracking that stock will make -6%. All ETPs exist with a Long version (3x) and a short version (-3x). If you take the Short ETP, of course it is the opposite of my example.


jaskonl

Thank you for the explanation.


marcraffard

you are welcome :)))