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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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 CrazyTraderon Jul 26, 2023 12:10pm
94 Views
Post# 35557842

RE:Question for the traders....

RE:Question for the traders....Long Long ago (over decade probably ago) I tried shorting Leveraged ETF commodity stock, can't remember which one, based on the observation that they seem to always go down over the long run, and figuring out that there's a Guarrentee Math Loss..........But my broker wouldn't allow me to hold my short position and forced me to buy back.

I never shorted again after that, realizing that any time, for any reason, it seems, they can force you to buy back.   You don't need to be in margin call for them to force you to buy back.   That's my experience anyways.

But ya, otherwise it seems like a fairly solid plan to short if you can handle temporay spikes up...because over the long run, share price seems to go down, down, down, down, down, down, down, down, down, down, down,down.............

All just my opinion/view/thinking/tried once and didn't work for me, I was forced to buy back.
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