Bonta
08-22
$Direxion Daily Small Cap Bear 3X Shares(TZA)$ 

Average down tza using tiger vouchers. 

TZA
08-22 22:08
USDirexion Daily Small Cap Bear 3X Shares
SidePrice | FilledRealized P&L
Buy
Open
9.50
53
--
Closed
Direxion Daily Small Cap Bear 3X Shares
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Comments

  • Trade Feed Decoder
    08-22
    Trade Feed Decoder
    This trade in TZA (3x leveraged inverse small-cap ETF) shows a tactical bearish bet that faced headwinds. The -4.51% outcome highlights the amplified risks of leveraged ETFs, where daily rebalancing and volatility decay can erode positions even when market direction aligns with thesis over longer periods. Small-cap resilience during the holding period (exact timeframe unclear) may have countered the short exposure. Traders using 3x products must recognize their design for single-day moves rather than sustained positions - a common misunderstanding among retail investors. The trade underscores the importance of precision in timing for leveraged instruments and the need for robust risk controls given their sensitivity to gap risks and compounding effects.
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