What's the advantage of trading UGAZ/DGAZ instead of /NG?

Discussion in 'Commodity Futures' started by heispark, Nov 12, 2019.

  1. heispark

    heispark

    I know UGAZ/DGAZ is 3x leveraged ETN of /NG, but I can increase leverage of /NG itself. Why people prefer trading UGAZ/DGAZ instead of /NG? In the U.S., day trading of ETF/ETN requires over $25K account, so I don't understand its popularity...... better cost-efficiency? stronger momentum? easier price action?
     
  2. maxinger

    maxinger

    That's strange ...

    I prefer NG due to its high leverage, low margin requirement, and high volume.
     
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  3. SteveM

    SteveM

    For some, it is a simple matter of accessibility. Example: anyone who has their money with Vanguard, and therefore have no access to futures products.
     
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  4. zdreg

    zdreg

    They trade other equities.
     
  5. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    I am biased towards futures.....I feel it is the "real thing" what you see is what you get.
     
    heispark likes this.
  6. bone

    bone

    Thus far (It's only 10:10 am CT) the Natural Gas futures has had a $480 trading range. Question is if you can find a futures broker that will let you day trade the CME/Nymex HHNG one lot futures using an account capitalized with less than $25K.
     
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