Who trades ETFs? Leverage ETFs?

W

WinstonTJ

How many members here use ETFs & leveraged ETFs. I see a lot of misinformation floating around everywhere and I'm wondering what the common consensus is on them.

Also wondering more specificlly about the downside or what members dislike about them.

Thanks - hopefully people will discuss.
 
Quote from winstontj:

How many members here use ETFs & leveraged ETFs. I see a lot of misinformation floating around everywhere and I'm wondering what the common consensus is on them.

Also wondering more specificlly about the downside or what members dislike about them.

Thanks - hopefully people will discuss.
More...
====================
WinS-T;

a]From the trading/investing comments here,over the years,
& daily volume;
plenty , on SPY,QQQQ,IWM,DIA.............................

b] Still researching the leveraged ETFs, haven't been trading them enough to comment much on.Should do well,Investors Business Daily gave then a special section also.

c] See any more Lehmans out there related to ETF s ,etn????
Blaming short sellers[like LEH did] usually not a good sign,LOL

W]Since you're in the business, any war stories ;
comments on USO?????
comments on your best products,[if allowed ]????.
:cool:
 
I try to be around as a resource rather than market products that my company offers - but I'd be happy to comment here and there. I love them for trading intra-day but they can bite you badly if you hold on too long or get behind a trade and convince yourself you can hang on for the next spike/drop...

I don't know of any war stories yet on any leveraged ETFs - but i'm sure there are some out there. USO... if you have questions I'd be happy to try and answer or ask someone who would know so I can get an answer back to you.

I feel like I've spent more time trying to convince people that leveraged ETFs are NOT the right product for them than I have trying to comment on them being a great investment tool - for some..


Quote from murray t turtle:

====================
WinS-T;

a]From the trading/investing comments here,over the years,
& daily volume;
plenty , on SPY,QQQQ,IWM,DIA.............................

b] Still researching the leveraged ETFs, haven't been trading them enough to comment much on.Should do well,Investors Business Daily gave then a special section also.

c] See any more Lehmans out there related to ETF s ,etn????
Blaming short sellers[like LEH did] usually not a good sign,LOL

W]Since you're in the business, any war stories ;
comments on USO?????
comments on your best products,[if allowed ]????.
:cool:
More...
 
Here's a link to an article by Oberman that suggests that these leveraged ETF's d0 not perform 2x the underlying instrument over time.
http://www.thestreet.com/story/10457663/....ltrashorts.html

Also, Look at the weekly charts of EEM and EEV.
One is a 2:1 short- both both ended up losing over the 2008- present day.
This may not be an issue for a day-trade, but for swing traders , you're not getting the 2:1 or 3:1 over the longer term it would appear.SD
 
I trade 'em all. Or at least those with volume above 100K. I luv 'em. Some move like stocks, but don't have all the bankruptcy risk on the downside, or buyout risk on the upside, problems that stock has. I long them and short them. I even short the ultrashort ones. Why? Because a setup is a setup. There can be a problem with locates tho. Give ETFs a try!

Here is my list of tradables (but alerts are filtered by volume, some of these I don't trade) from TeleChart:

ACWI ACWX ADRA ADRD ADRE ADRU ADZ AEX AFK AGA AGF AGG AGZ AIA AUS BAL BBH BDD BDH BGU BGZ BHH BIK BIL BIV BJK BKF BLV BND BNZ BOM BRF BSR BSV BWV BWX BZF CFT CGW CIU CMF CNY COW CRO CSD CSJ CUT CVY CWI CXA CYB CZA DAG DAX DBA DBB DBC DBE DBN DBO DBP DBR DBS DBT DBU DBV DDG DDI DDM DDP DEB DEE DEF DEM DES DEW DFE DFJ DGG DGL DGP DGS DGT DGZ DHS DIA DIG DIM DJP DKA DLN DLS DND DNH DNL DOD DOG DOL DON DOO DOY DPC DPN DPO DPU DRF DRR DRW DSC DSG DSI DSV DTD DTH DTN DTO DUG DVY DWM DWX DXD DXJ DXO DYY ECH EDV EEB EEH EEM EEN EES EEV EEZ EFA EFG EFU EFV EFZ EGB EIS EKH ELG ELR ELV EMB EMG EMM EMV ENY EPI EPP EPS ERE ERO ERX ERY EU EUM EVX EWA EWC EWD EWG EWH EWI EWJ EWK EWL EWM EWN EWO EWP EWQ EWS EWT EWU EWV EWW EWY EWZ EXB EXI EXT EZA EZM EZU EZY FAB FAD FAN FAS FAZ FBT FCG FCHI FDD FDL FDM FDN FDV FEU FEX FEZ FFR FGD FIO FIW FNI FNX FPX FRC FRI FRN FTA FTC FTY FUD FUE FVD FVI FVL FXA FXB FXC FXD FXE FXF FXG FXH FXI FXM FXN FXO FXP FXR FXS FXU FXY FXZ FYX GAF GBB GBF GCC GCE GDX GEX GII GLD GMF GML GMM GRI GRN GRU GSC GSG GSP GULF GUR GVI GWL GWO GWX GXC HAO HGI HHD HHH HHK HHV HKG HRJ HYG IAH IAI IAK IAT IAU IBB ICF ICI ICLN ICN IDU IDV IEF IEI IEO IEV IEZ IFAS IFEU IFGL IFNA IFSM IGE IGF IGM IGN IGV IGW IHE IHF IHI IIH IJH IJJ IJK IJR IJS IJT ILF INP INR INY IOO IPE IPF IPK IPN IPW IQE IRV IRY ISI IST ITA ITB ITE ITF ITM IVE IVV IVW IWB IWC IWD IWF IWM IWN IWO IWP IWR IWS IWV IWW IWZ IXC IXG IXJ IXN IXP IYC IYE IYF IYG IYH IYJ IYK IYM IYR IYT IYW IYY IYZ JEM JJA JJE JJP JJS JJT JJU JKD JKE JKF JKG JKH JKI JKJ JKK JKL JNB JNK JO JPP JRE JSC JXI JYN KBE KCE KIE KLD KOL KRE KWT KXI LAG LD LDN LIS LQD LSC LSO LVL MBB MDY MGC MGK MGV MKH MLN MOO MTK MUB MVV MWJ MWN MXI MYY MZG MZN MZO MZZ NFO NIB NLR NUCL NXT NY NYC NYF OEF OIH OIL OLO ONEQ OTP OTR PAF PAGG PAO PBD PBE PBJ PBP PBS PBW PCA PCY PDN PDP PDQ PEF PEH PEJ PEY PEZ PFA PFF PFI PFM PFP PGD PGF PGJ PGM PGX PGZ PHB PHJ PHO PHW PIC PID PIE PIN PIO PIQ PIV PIZ PJB PJF PJG PJM PJO PJP PKB PKN PKOL PKW PLK PLW PMA PMNA PMR PMY PNQI PNXQ PPA PPH PQSC PQY PQZ PRF PRFE PRFF PRFG PRFH PRFM PRFN PRFQ PRFS PRFU PRFZ PRN-A PRY PSAU PSI PSJ PSL PSP PSQ PST PSTL PTE PTF PTH PTJ PTM PTO PTRP PUA PUF PUI PUW PVI PVM PWB PWC PWD PWJ PWND PWO PWP PWT PWV PWY PWZ PXE PXF PXH PXI PXJ PXN PXQ PYH PYZ PZA PZD PZI PZJ PZT QCLN QID QLD QQEW QQQQ QQXT QTEC RCD REA REC REM REW REZ RFG RFL RFN RFV RGI RHM RHO RHS RJA RJI RJN RJZ RKH RMM RMS ROB ROM RPG RPV RRY RRZ RSP RSU RSW RSX RTG RTH RTL RTM RTW RWJ RWK RWL RWM RWR RWX RXD RXI RXL RYE RYF RYH RYT RYU RZG RZV SAA SAD SAW SBB SCC SCJ SCZ SDD SDK SDP SDS SDY SEA SEF SFK SFV SGG SGT SH SHM SHV SHY SIJ SJF SJH SJL SKF SKK SLV SLX SMB SMH SMN SNB SPY SRS SSG SSK SSO STH SVD SWH SZG SZK SZO SZR TAN TAO TAV TBT TDD TDH TDN TDV TDX TFI THD TIP TLH TLO TLT TMW TNA TOK TTH TUR TWM TYI TZA UAG UBC UBD UBG UBM UBN UCC UCI UDN UEM UGA UGE UHN UKF UKK UKW ULQ UNG UOY UPW URE URR USD USL USO USV USY UTH UUP UVG UVT UVU UWM UXI UYG UYM VAW VB VBK VBR VCR VDC VDE VEA VEU VFH VGK VGT VHT VIG VIS VNQ VO VOE VOT VOX VPL VPU VT VTI VTV VUG VV VWO VXF VYM WIP WMH WMW WOOD WPS XBI XES XGC XHB XLB XLE XLF XLG XLI XLK XLP XLU XLV XLY XME XOP XPH XRO XRT XSD
 
Quote from win-stontj:/Wayne G

I try to be around as a resource rather than market products that my company offers - but I'd be happy to comment here and there. I love them for trading intra-day but they can bite you badly if you hold on too long or get behind a trade and convince yourself you can hang on for the next spike/drop...

I don't know of any war stories yet on any leveraged ETFs - but i'm sure there are some out there. USO... if you have questions I'd be happy to try and answer or ask someone who would know so I can get an answer back to you.

I feel like I've spent more time trying to convince people that leveraged ETFs are NOT the right product for them than I have trying to comment on them being a great investment tool - for some..
More...
================
UGA is helpful/fun ,,the technicals can help game the proper time gas fill ups, some times. MOO is plenty liquid

For an excellant,educational read on the oil business;
i recommend the [120+/ page ]prospectus of USO. Not a stock tip, but their lawyer is unusually clear, thorough.
Interesting they use the word ''predict'' in the prospectus, but then warn''results may differ''

Also some whine abut a 10% tracking error[USO is mostly/crude contracts, cash];
wouldnt call it a tracking error, its disclosed part of plan;
& they have the discretion to trade[perhaps 10%?] in USO, nat gas, gasoline, heat oil...................................................

Leveraged is the worst thing to learn to trade/invest on
why leverage ignorance, the place we all start from.:cool:
=========================================

Wayne , what a list, i may need to read more of that.:D
 
Quote from winstontj:

I try to be around as a resource rather than market products that my company offers - but I'd be happy to comment here and there. I love them for trading intra-day but they can bite you badly if you hold on too long or get behind a trade and convince yourself you can hang on for the next spike/drop...

..
More...

Very astute comment. These are purely trading vehicles. You can find yourself in a big hole in a hurry using them any other way. They are also tricky to use to hedge a portfolio. You cannot just put them on and assume you are hedged like you would with puts. You have to trade around them, kind of like gamma scalping a delta neutral options position.

Personally, I have used the OIH for a long time and started trading the SKF when the prohibition on shorting financials went into effect. SKF is the crack cocaine of trading. Use with extreme care.
 
BGU - ("Big UP") 3x Russell 1000 large cap index .
BGZ - ("Big Zero") 3x inverse of BGU
ERX - 3x Russell 1000 Energy Index.
ERY - Inverse of ERX

I love these 4 guys. They've done very well for me in my strategy. Hint: DO NOT USE THESE FOR ANY LONG-TERM INVESTMENT. THEY ARE BEST USED FOR SHORT-TERM MARKET SURFING.

... At least that's how I've been doing well with them,
 
You must log in or register to reply here.
Back
Top