NexusFi: Find Your Edge


Home Menu

 





USO, UNG, UGA etc. Heads up


Discussion in Stocks and ETFs

Updated
    1. trending_up 3,407 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
 
lrfsdad's Avatar
 lrfsdad 
milwaukee,wi, usa
 
Experience: Intermediate
Platform: Mobile TWS & mobile TOS. Dough.com
Broker: IB, TOS, FXCM
Trading: futures and options. looking into forex
Posts: 186 since Nov 2012
Thanks Given: 302
Thanks Received: 161

In the midst of the "financial crisis" my wife and I planned a winter road trip to Canada (Banff), and being knowledgeable in the futures markets, I decided to hedge our insanely cheap gas prices (under $2/gal) and throw a couple hundred bucks (our anticipated cost of gas) in the UGA. This is an ETF designed to track the cost of gas.

My timing was good, and I still hold the investment........except, I have recently moved my taxes to a CPA instead of an online provider and found out that these investments are a LP (limited partnership) which add about $100 to the cost of doing the return.

Basically just wanted to throw this out to the community to consider the additional costs of an investment. My 400% return isn't so attractive anymore.


Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
CME Lists U.S. Election Event Contracts as 2028 Democrat …
Prediction Markets & Event Contracts
$24.5 Billion Record Month: Prediction Markets Shatter A …
Prediction Markets & Event Contracts
Warsh Confirmed 54-45 on PPI Day -- 97% Say He Holds in …
Prediction Markets & Event Contracts
Rubios Good News Within Hours and the 30-Day Math: Why H …
Prediction Markets & Event Contracts
One Wallet Made $200K in Hours: AP Probes Polymarket Cea …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
23 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
6 thanks




Last Updated on July 21, 2013


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts