Here are some Velocity Shares ones that track natural resources. I am only trading small quantities of UWTI few times a week after reading the BOIL thread.

quote:
DOIL 3x Inverse Brent Crude ETN linked to the S&P GSCI Brent Crude Index Excess Return
UOIL 3x Long Brent Crude ETN linked to the S&P GSCI Brent Crude Index Excess Return
UWTI 3x Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return
DWTI 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return
DGAZ 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
UGAZ 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
SCPR 2x Inverse Copper ETN linked to the S&P GSCI Copper Index Excess Return
LCPR 2x Long Copper ETN linked to the S&P GSCI Copper Index Excess Return

Any others you are looking at? What are some that track the boarder market S&P, DOW, Nasdaq etc.? I traded some XIV a few months back.

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Posted by tigerbaiter1033

USA

Member since Nov 2011

2313 posts

Posted on 2/25/15 at 6:29 pm to saintforlife1

Bought UWTi yesterday at 2.96. Looking to hold on until prices get back up around 75/bbl

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Posted by mohalk

Member since Feb 2009

371 posts

Posted on 2/26/15 at 7:57 am to tigerbaiter1033

Holding UWTI while oil prices remain steadily. All of these leveraged ETFs decay quickly if the price remains stable. Your money can literally go to 0 in a few weeks.

They are only profitable if the price of oil has a steady trend or you're really good at day trading. It may be volatile right now, but there is no trend.

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Posted by whodatigahbait

Uptown

Member since Oct 2007

1752 posts

Posted on 2/26/15 at 9:07 am to saintforlife1

none leveraged ETFs are a terrible investment they are trading tools not meant to be held for very long....