URL details: graniteshares.com/institutional/uk/en-uk/education/stop-loss-mechanism/

URL title: Stop Loss Mechanism
URL description: Trading with leverage can be extremely risky. A share price move of more than 33.33% intraday would make a 3x leveraged investment in that share worthless (33.33% x 3 = 100%). To reduce the risk of such a possibility, the indices that the Leveraged ETP Securities track incorporate a stop-loss mechanism. Stop Loss Mechanism
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