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Message
re: BOIL has become predictable
Posted on 1/4/15 at 6:40 pm to I Love Bama
Posted on 1/4/15 at 6:40 pm to I Love Bama
Heyooooooo

Posted on 1/4/15 at 7:10 pm to southernelite
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?
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 on 1/4/15 at 7:26 pm to AnotherRound
quote:
AnotherRound
Don't worry about BOIL. That's old hat. Put all your money in UGAZ and get ready to retire
Posted on 1/4/15 at 7:29 pm to AnotherRound
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.
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 on 1/4/15 at 7:38 pm to bayoubengals88
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 on 1/4/15 at 7:38 pm to bayoubengals88
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 on 1/4/15 at 7:43 pm to Crescent Connection
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?
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 on 1/4/15 at 7:54 pm to Crescent Connection
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 on 1/4/15 at 7:56 pm to white perch
Everyone needs to know how high risk ugaz is. It's honestly gambling at this point. Play accordingly
Posted on 1/4/15 at 8:00 pm to I Love Bama
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 on 1/4/15 at 8:03 pm to I Love Bama
I meant to say UGAZ. But yeah, if someone is a greenhorn at this, this probably isn't the thread for them.
Posted on 1/4/15 at 8:08 pm to southernelite
Yeah, that's why I mentioned UNG to him.
Posted on 1/4/15 at 9:20 pm to bayoubengals88
Thanks I appreciate the info.
I will try to read your stickied thread - seems like it covers a lot.
Posted on 1/4/15 at 10:53 pm to Crescent Connection
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 on 1/5/15 at 2:05 am to rintintin
Posted on 1/5/15 at 6:52 am to white perch
Posted on 1/5/15 at 8:10 am to jlu03
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 on 1/5/15 at 8:16 am to Crbello4Hiceman
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
rinse, repeat
Posted on 1/5/15 at 8:20 am to white perch
Why wouldn't that be possible?
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