Recent content by Eek!

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    any good UK discount brokers? NOT IB

    Hello, I'm looking too. I'm suspicious of spreadbetting because they are essentially run by bookies. But, the costs are much lower. Have looked at e*trade also. I've found Share Centre with the Trader option is good if you do more than 10/qtr. Leaning towards iii at the moment. Please post...
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    ETFS Leveraged Crude down 10% ?

    I'm not complaining. The ETFS bumpf does point out the pit falls - the daily tracking error, the affect of the roll. But I do wonder who this ETF is for. It doesn't seem to make sense for a private/small investor to hold onto these things long term and if you're a pro, don't you just buy the...
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    ETFS Leveraged Crude down 10% ?

    I'm very aware of the leveraging! :cry: So, I'll put the noose back in the cupboard then. Thanks for your comments.
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    ETFS Leveraged Crude down 10% ?

    Thanks for replying. Looks like I've been conTango'd. It's clearly my own fault for not understanding what I was buying. It seems I'm not the first though. I've been reading but I stilll have questions. Different articles refer to different dates for the roll. Is it monthly or bi-monthly. Is...
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    ETFS Leveraged Crude down 10% ?

    Hello everyone, first post. Oh. My. God. I'm interested in ETFS Leveraged Crude - LOIL. I've watched WTI crude fall 1-2% this morning. The DJAIGCL that LOIL is supposed to follow is currently closed. LOIL is down 10%. That's rather a large tracking error! Can you help me understand what's...
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