John Hood
DB Crude Oil Double Short
DTO-N
DON'T BUY
Jan 31, 2014
DB Crude Oil Double Short (DTO-N) or U.S. Oil Fund (USO-N)? Really doesn’t like the leverage to ETFs. People really haven’t taken a close look as to how these things can trade. These are a very short term trading vehicle and even if you are in the right direction, because they recalculate the price on a daily basis, you can lose money. You have to be really knowledgeable and really paying attention.
DB Crude Oil Double Short (DTO-N) or U.S. Oil Fund (USO-N)? Really doesn’t like the leverage to ETFs. People really haven’t taken a close look as to how these things can trade. These are a very short term trading vehicle and even if you are in the right direction, because they recalculate the price on a daily basis, you can lose money. You have to be really knowledgeable and really paying attention.