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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

Comment by stocksnbondson Apr 22, 2020 6:07pm
178 Views
Post# 30941896

RE:call securities board

RE:call securities boardYou do realize that this fund was likely in negative territory yesterday at one point? 
Hey, many of us got $crewed. Look at the ticker OIL in the US. They're also having similar issues as they are also 2X WTI futures based in the US. 

I learned too late-- took a bath and need to move on. 
This may well go back to 2X futures once volatility lessens as there;s demand for the 2X in trading circles. The issue is that many of us are not understanding of the consequences and yesterday/today are examples. 

As others here have aptly stated, there were oppotrunities to get out yesterday 2+. There were many opportunities to get out today 1.50+. If you have not, it's on you now. Now I need to find some good companies that will rebound from this. Hey, there's always gold right? 



sb





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