Day trading leveraged ETF's

[guspenskiy13]

Hello everyone,

I want to day-trade leveraged ETF's and I have some questions about it...

I've heard, that it is possible and people do it, however I've also heard of the three-day settlement period and I was wondering, how to avoid it or how to day-trade then...

Thanks...

UP:
What I found is that "With a margin account, you don't have to let the funds settle..."; which makes me thing that I don't need to worry about the 3 day settlement for ETF, as far as I'm trading with a margin account?

I've also found, that nowadays most brokers don't have the settlement date for transactions and the capital is immediately available for re-investing. Is that the case?

 

[Vicorka]

I guess ETFs "three-day settlement period" is only for pension funds. I have never heard somebody from active traders had any trouble buying and selling ETFs during the trading hours.