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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s 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%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

BetaPro Crude Oil Leveraged Daily Bull ETF
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Post by AJMCon Nov 20, 2009 12:29pm
392 Views
Post# 16508151

Help me please CEESolutions!

Help me please CEESolutions!Dear CEESolutions,

Help me understand something that will seem totally stupid to you but not me.  The question/scenario is surrounding the use of a stop-loss on a HBP ETF product...

Suppose a guy has 1 share of HOU.  Suppose HOU is trading at $9.50 when the market closes for the day.  Suppose the guy sets a stop-loss on his share at $9.40 before the market closes.  If HOU 're-balances' and/or opens the next trading at $9.30, has the stop loss been triggered or does the seller miss-out?

P.S.  You obviously are a short-term trader of HOU.  Do you use stop-losses?  How/where do you decide to set the limits?  Do you ever sell at a loss?  Or do you ride the storm and wait for profit?

Thanks.
AJMC 
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