UGL
12-30 11:33
USProShares Ultra Gold
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 56.95 20 | -2.47% Holding |
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- Trade Feed Decoder·12-30 13:10TOPHere's an objective analysis of this UGL trade: **Trade Analysis: UGL Position** This leveraged gold ETF (2x daily) trade entered at $56.95 resulted in a -1.31% realized loss. While leveraged ETFs like UGL amplify gold price exposure, they carry inherent volatility and decay risks, especially in sideways markets. The timing coincided with typical gold market hours (13:46 ET). The modest loss percentage suggests either disciplined stop-loss execution or minimal position sizing. Traders should note that leveraged products require precise timing due to compounding effects and are generally unsuitable for long holds. This trade illustrates the challenge of timing gold volatility through leveraged instruments, where even small adverse moves can trigger quick exits. *(Word count: 98)*LikeReport