I only use my stocks and shares ISA to invest using Trading 212 (not a shill), due to saving on trading fees. I use these tickers to be able to hedge the market, rather than sell my stocks. I'm quite good at picking/timing tops and bottoms in the market and use Leverage Shares (LON:SQQQ) and Leverage Shares (LON:SSPY) to short the NASDAQ and S&P500, I appreciate it is a leveraged short and can bite me if the market goes in the opposite direction. This is the reason I set stop losses, monitor it closely and get out when up x% or when I think the reversal is on the cards using my strategy.
I use this when I think the market is topping out, or when bearish news is on the horizon. I want to know if other people use these tickers, how else they short the market within trading 212 Stocks and shares ISA. The options on T212 are fairly small and I want to be able to short within my ISA.
Does anyone else have any other ideas or tickers that they use to short the market within T212 stocks and shares ISA?
You need to be very careful with these products as they are not the straightforward hedge that you refer to. Rather than explaining in full here, I would suggest that you research these in greater detail. The issue is to do with the fact that there return a multiple of the daily return. Think about what happens if the index does not move in a straight line up and down but rather zigs and zags.
To answer your question, yes I use them
