Domain: tiger-web1.srvr.media3.us BOIL has become predictable | Page 92 | Money Talk
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re: BOIL has become predictable

Posted on 1/4/15 at 6:40 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/4/15 at 6:40 pm to
Heyooooooo

Posted by southernelite
Houston, TX
Member since Sep 2009
53562 posts
Posted on 1/4/15 at 6:55 pm to
BOIL GOIN UP ON A MONDAY
Posted by AnotherRound
Member since Oct 2012
2918 posts
Posted on 1/4/15 at 7:10 pm to
Hey guys - new to this board and started reading this thread... and I have no idea what is going on!

I get that investments made based on energy consumption (cold as some are pointing to)..... but

Can anyone give me starter/ course intro into what yall have been talking about for a year now?

what is BOIL?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/4/15 at 7:26 pm to
quote:

AnotherRound


Don't worry about BOIL. That's old hat. Put all your money in UGAZ and get ready to retire

Posted by bayoubengals88
LA
Member since Sep 2007
23694 posts
Posted on 1/4/15 at 7:29 pm to
BOIL is just one of the ETFs that tracks natural gas. KOLD is the inverse of BOIL.

Those two don't get talked about much any longer.

It's all about UGAZ and DGAZ. UGAZ tracks natural gas prices. DGAZ is its inverse. So, if UGAZ goes down 12%, DGAZ is going to go up in price roughly 12%.
This has been happening a lot lately...

Now, these are leveraged ETFs. 3x leveraged. So they typically experience wild price swings in very short timespans. In short, they're much more dangerous than your typical ETF.

Read up, you'll learn. The only thing that I'm still clueless about are the Thursday injection reports. A number comes out every Thursday morning that has something to do with the storage and supply of natural gas.

Others on here know FAR more than I do. I just tried to explain as a form of learning myself.

Also, UNG is a much safer nat. gas ETF (not leveraged) that you might look into.
This post was edited on 1/4/15 at 7:31 pm
Posted by Crescent Connection
Member since Jun 2008
2345 posts
Posted on 1/4/15 at 7:38 pm to
New to stock market (just openend E-Trade account today...need to confirm and wire money tomorrow morning) Stocks open at 8:30am CST, correct? Will I be able to buy shares of UGAZ at 4.09/share first thing when the market opens? How quickly in the morning do stocks change? If they closed at 4.09/share on Friday, does that mean it will open at 4.09/share tomorrow? Thanks for any info.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/4/15 at 7:38 pm to
quote:

So they typically experience wild price swings in very short timespans. In short, they're much more dangerous than your typical ETF.


volatility is your friend as long as your playing with money you dont need
Posted by bayoubengals88
LA
Member since Sep 2007
23694 posts
Posted on 1/4/15 at 7:43 pm to
There is no guarantee that you'll get UGAZ for $4.09.
You need to put in a buy limit for whatever price you're comfortable with...say up to $4.75 for example.
Make investopedia your friend.

I forgot to mention that I don't think you'll be able to buy stocks for 3 days within your new account. Could be wrong though?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/4/15 at 7:54 pm to
quote:

New to stock market


I'm a 3 week veteran, welcome

quote:

(just openend E-Trade


for almost all trades you will be charged a commision, about 5-7 dollars a trade, unless youre trading large amounts of money this will greatly eat into your profit or increase your loss. I have a schwab account I've had almost a year now and they have about 100 commission free ETF's you can buy/sell and they are much safer.

you might want to look into getting the robinhood app (an account with the trading platform called robinhood). it's commission free which makes learning the stock market much cheaper. there are numerous threads on here about robinhood, just search.

quote:

need to confirm and wire money tomorrow morning


your money wont be available for buying/selling stock for aobut 3 business days

quote:

Stocks open at 8:30am CST, correct?


yes

quote:

Will I be able to buy shares of UGAZ at 4.09/share first thing when the market opens?


no, it depends on what the price is at opening and it changes throughout the day.

quote:

How quickly in the morning do stocks change?


at the speed of human stupidity/greed/fear

Welcome aboard


Posted by I Love Bama
Alabama
Member since Nov 2007
38433 posts
Posted on 1/4/15 at 7:56 pm to
Everyone needs to know how high risk ugaz is. It's honestly gambling at this point. Play accordingly
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/4/15 at 8:00 pm to
quote:

Everyone needs to know how high risk ugaz is. It's honestly gambling at this point. Play accordingly


this

use money you dont need for this

if i lose all the money i have in UGAZ my life wont change at all
Posted by southernelite
Houston, TX
Member since Sep 2009
53562 posts
Posted on 1/4/15 at 8:03 pm to
I meant to say UGAZ. But yeah, if someone is a greenhorn at this, this probably isn't the thread for them.
Posted by bayoubengals88
LA
Member since Sep 2007
23694 posts
Posted on 1/4/15 at 8:08 pm to
Yeah, that's why I mentioned UNG to him.
Posted by AnotherRound
Member since Oct 2012
2918 posts
Posted on 1/4/15 at 9:20 pm to


Thanks I appreciate the info.

I will try to read your stickied thread - seems like it covers a lot.
Posted by rintintin
Life is Life
Member since Nov 2008
17009 posts
Posted on 1/4/15 at 10:53 pm to
quote:

New to stock market


Run far far away!! If you were here a month ago you'd probably have quit the stock market by now.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/5/15 at 2:05 am to
seeking alpha

here's a short article about inverse equities and how they are useful
Posted by jlu03
San Diego
Member since Jul 2012
3355 posts
Posted on 1/5/15 at 6:52 am to
Great start to this Monday. Still would like to see NG break through $3.15. Let's make some money boys or at least recover some.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 1/5/15 at 8:10 am to
I know it is premature but let's talk exit strategy- is this totally a play it by ear situation or if we get to a certain metric ($9/sh by the end of the month or maybe $12 or $15 a sh in feb), anybody have a game plan to eventually exit? I have no baseline for estimating we are at a high tide and walking out. Anybody have a strategy?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7598 posts
Posted on 1/5/15 at 8:16 am to
is it possible to play off these two funds, UGAZ and DGAZ. buy one low (for this example use UGAZ), ride it up ~50%+, sell it (or part of it), then split the profit, half to a value ETF (to hold for tax purposes) and the other half to DGAZ since it just lost ~50%

rinse, repeat



Posted by TheIndulger
Member since Sep 2011
19357 posts
Posted on 1/5/15 at 8:20 am to
Why wouldn't that be possible?
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