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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Comment by biren1on Dec 05, 2012 3:52pm
103 Views
Post# 20688869

RE: RE: RE: RE: RE: RE: RE: RE: RE: don't get trap

RE: RE: RE: RE: RE: RE: RE: RE: RE: don't get trap

never really added it up in a month loonie, as usually i just do my capital gain/loss statements in february of a given year lol. But ballpark, probably 70-80% sucess rate maybe i think, but don't quote me on that lol

The most important stat though is what is the amount of your losses vs. the amount of your gains overall from the swings. On that i think i am doing much better  on as usually i will sell out pretty quick if i have any inclination that a trade will turn on me, even if i am wrong, and take break even, or a small loss. Where as for gains, if you put in a set gain strategy of 20 cents on that day, you are usually going to hit, as there is usually that sort of liquidity that allows the price to go up and down in a given range.

But again guys that accumlate and hold longer will probably make more. The thing i don't like with that is the holding costs, in that i like to have the money free to buy either things that pop up like did opl yesterday for me and again today for a quick swing.

GLTA

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