Sort Oil ETFs List
Here is a list of inverse oil ETFs (both simple and double leverage):
MacroShares Oil Down ETF (DOY)
PowerShares DB Crude Oil Short ETN (SZO)
PowerShares DB Crude Oil Double Short ETN (DTO)
ProShares UltraShort DJ-UBS Crude Oil (SCO)
Hi,
I am a new member – do you use stops when entering a new position? Also do you use a market order? Finally Are you concerned about the big run up in the markets?
I like the site – it would be nice to have some instructions on the best way to use the service.
Phil,
Please find the answers to your questions below:
> 1. Do you use stops?
Absolutely, they are build in our trading system. We will update the web site and send an email when a sell signal is generated.
> 2. Do you use a market order to purchase?
Yes, our buy price is the next day market open price.
> 3. Are you concerned with the run – up in the market?
Not really, our trading system is based on trend fallowing basics. As long as the ETFs we own keep going up we keep them, when the trend will be over we will have a sell signal and sell them.
Aurel