Leveraged ETFs

Many of us have been trading these to the short side for a long time, but for anyone who needs a refresher, here is a good summary on the pitfalls of being long these 2x and 3x products for any length of time beyond really short term. They can be supercharged if they’re going straight up for example, but in volatile environments they can grind you out.
https://www.proshares.com/funds/performance/the_universal_effects_of_compounding.html