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WisdomTree Natural Gas 3x Daily Leveraged (3NGL)

Milan
Symbol
Exchange
Currency
3NGLMilanEUR
3NGLLondonUSD
3LNGLondonGBP
Currency in EUR
10.9960
-1.5440(-12.31%)
Closed

3NGL Comments

they've fked us so hard with this consolidation, for all of those who has bought shares for 0,07 and waited to go back as a normal tool, i had more than 100 k in shares now i've got 230 ...
Same - managed through HL no funds/value showing is this normal?
now it spikes you cant withdraw - complete rip off
How was it possible to have the spread $0.044 - $20.687 ? May be there was some split? Do you have any info?
They did a reverse split 420:1. Message was shared at Trade Republic this morning.
Thank you. Could you post the news?
When it is going up???
This crap -10.2% natural gas -2.5% ????????
unfortunately does not working.... too highly risky without incomes....
Νασο καλησπερα
NG down -0.9% this down -11.4% ?????
I think it only takes the variation from 0:00h till 23:59 during the day. If the NG-market opens at a higher/lower value, it will not be calculated. https://tradingeconomics.com/commodity/natural-gas
This POS down -18% NG down -1.8% ??????
Its not tracking NG its tracking SOLWSNG2 but even so should still be priced at around 27p minus fees. I've just got out after averaging down at the lows for break even. This ETF is criminal.
there must be a better product - which one would you recommend accurately tracking NG - please?
This has gone up at exactly the same rate 61% as NG over the past few weeks, where is the x3???? - FELL at 3x the rate of NG, over the past year - RIP OFF AVOID
Whats the most effective route for reporting - Wisdon tree are not interested - what a surprise!
not talking about Wisdom, they dont care... The European Securities and Markets Authority (ESMA) these guys should check on it
No obvious route on their site
Maybe we should report this to authorities... this is a absolute scam....
NG up 4.5% today - this piese of £&^$ down 1% ??????
This suck. Natural gas prices are going from $1.60 to $1.98 and this value only rises a few % ...
And SOLWSING2 is tracking M+2 ... now April contact and replicates accurately
Guys - this ETF is currently tracking March contract x 3, go to guidelines for ETF... its always M+2, so in Feb will track April contract and so on... its not replicating front month contract
Thats is not true...I have seen June contract replicating front month contract and that M+2 is used at their own discretion. If market market is covering a short position and you are in the wrong side of the price curve you will suffer even though the underlying asset is moving to the same direction you are in....we understand risks , rules and also that when you initiate a fresh position on 3NGL you are forced to give 0 value upfront to that investment. What I do not like it is manipulation nor changing basic rules when trading leveraged instruments and my opinion is that Winsdomtree if investaged they would incur in some not very ethic trading behaviour....
Tracked NG accurately until March/April 23 then suspect changed model to SOLWSING2 without telling investers!!!!!
we are taking the intrinsic risk of dealing with a highly volatile and incredible erratic moves which put enormous pressure to our positions and on top of that there is this manipulative mode going on where you can see clearly that there zero correlation between NG futures or UNG or 3NGL, KOLD or 3NGS. There are so many variables to control in order for us to succeed, which brings to my final scenario and due to hard learning -losing lots of money- I started to play it only as a daytrading basis and actually I am doing great since I started with this new plan. ROI near 125% in the last 2023 with a max in position of 2000 shares everytime I play it.
It doesn't work I lost a lot of money and last time the nature gas is growing up but this document doesn't move I am very disappointed, I don't recommend and the government must control this document better
I have the same situation It doesn't work and I lost a lot of money Last time the nature gas is growing up but this document doesn't move I am very disappointed, it doesn't work like 3x
Almost forgot about it...unless they know something we do not, like there is a R/S down the line or a delisting issue coming up...
It can't be! I have been trading LNG for more than a decade now and the more I trade it the more I realize these guys are crooks and should be behind bars. Retails investors trading ETF's are doomed. Winsdomtree should you explain me one thing: how come the future of NGAS is up almost a 7%, so is UNG trading near relative high at 6.87USD and that creepy 3 times leveraged 3NGL is down an incredible 7% and do not sell that "those instruments are not correlated" or your favourite one "this is due to contango". We should report that to Milan or London Stock Exchange and see if the officials have anything to say about it. As I said before, trading these markets since 1997 and I haven't seen anything like it before....
These products tracked NG accurately until around March last year then stop, seriously under performed since!!!!
NG up 10% today - This waste of space down -1.7% complete rip off. I would expect better from Wisdomtree
You want to know why? because they are planning on delisting that product anytime soon.
how do you know that, they will delist this product ? And what will happen with our money if they do it ?
This is a dangerous ETF. Investors don't know how it works. If natural gas falls from $3 to $2.4, that's -20%. The etf then falls by 60%, eg: 1 to 0.4. Within 1 year, gas back from 2.4 to $3, that's +25%. For the etf, it is +75%. 0.4x1.75=0.7 Here is the problem. The etf is worth 30% less, while gas has returned to its original price
what are your thoughts on this, should we put some money here, and will it reach out 10-20 USD in the next 1-2 years ?
If it will reach $0.8, we can be very happy! The negative impact of a decrease in the market is huge ...
to reach 10 euro, natural gas must be 39$!!!!
currently now is --> Natural Gas EU (EUR/MWh) 33.75 eur, it is not impossible to reach 39 $ or more ?
when is last day of trade ?
hi
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