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Re: dude iligence post# 794

Friday, 03/20/2020 8:50:21 AM

Friday, March 20, 2020 8:50:21 AM

Post# of 934

3x etf/n in general are a good way to lose money long term unless u short them



Not long term or mid term. I held JNUG for 3 trading days. And that was a bit long in the tooth.

I sold Exxon but that would be a nice $30.00 to $40.00 move.

OIL

USO United States Oil Fund ETP
UWT VelocityShares 3x Long Crude Oil ETN
UCO ProShares Ultra Bloomberg Crude Oil
DBO Invesco DB Oil Fund
DWT VelocityShares 3x Inverse Crude Oil ETN
OILU ProShares UltraPro 3x Crude Oil ETF
OIL iPath Series B S&P
SCO ProShares UltraShort Bloomberg Crude Oil
USL United States 12 Month Oil Fund
OILD ProShares UltraPro 3x Short Crude Oil ETF
DTO DB Crude Oil Double Short ETN
OILK ProShares K-1 Free Crude Oil Strategy ETF
WTID ProShares Daily 3x Inverse Crude ETN
DWTI VelocityShares 3x Inverse Crude ETN
OILX ETRACS S&P Crude Oil ETN
OLEM iPath Pure Beta Crude Oil ETN