system
A chat on subreddit /r/wallstreetbets
human
&gt; tried my luck with 3x leveraged ETFs 
  
 I don't understand, how did you lose money with an ETF from 2015-2018?

gpt
Volatility and Gold did very poorly in late 2016 immediately following the election. I hedged that Trump would win and cause market chaos. He won and the market behaved as if God himself had just been elected. That's where the slope steepens in the graph.