I own UNG - but is killing me because it is not moving with the price of Nat Gas as it is supposed to.
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I own UNG - but is killing me because it is not moving with the price of Nat Gas as it is supposed to.
brokerage website shows:
roth ira account +2.27%.
brokerage account +0.55%.
I don't know if these are exactly right, something seems missing here.
I've just been doing some simple math: current account value - contributions in / contributions in = %.
Santa is bringing me some new software so i will input trade history and see how it shakes out.
Pretty sure the numbers will come out positive though.
Now if my latest payroll contributions would clear i might have enough to justify commissions on a real investment.
Looking at natural gas on a multiyear time horizon, but it would chop 1.5% of my current balance on both ends of the trade, gonna take a pretty big jump to the upside to make that economical.
researching possibilities anyway.
well they've all moved higher since i pulled the trigger, dammed if you and dammed if you don't.
i don't like the little hit you take on the bid/ask with market orders, but the market seems to know when i placing limit orders and runs right past me.
profits is profits i guess, just goes to show i'm not as good at miming the tarket as i think i am.
not much fancy charting skills here, although it all goes into the mix, mostly a sentiment trader, the market after all is just a social construct.
Just had to go and tempt fate there didn't I?
12/01/09 Buy UNG at 9.04
profits from the recent free trades cover the transaction fee in, it will be up to the fund to carry the fee out and any gains.
checked out general energy plays as well as GAZ and UNG. UNG has lower expenses and more upside potential in my opinion.
target is $9.25 to cover commissions and grab minimum 2%.
buy and hold for the roth account here, slowing down a bit, new contributions should clear in a couple of days, will start again with free trades then.
Commission free? Where do you trade?