I pulled out of gaz it is tanking bad right now, I have some free trades now so I bought a penny stock and made half my money back but that was a really bad first investment experience. I mean I understand there are ups and downs in the stock market but gaz litterally tanked this last week and I can understand that it happens but what are the odds on my very first trading experience that would happen while my initial pricipal capital was still exposed (its one thing to loose money on paper and another to loose money you worked for). So my free trading period is almost over I am going to switch to options house since I had to get out of most of my positions and ameritrade is pretty steep at 10$ a trade that can eat into profits or cause you to incure even more losses in a hurry, 10 trades is nothing when you are trying to recover from what gaz did. I get a free 100$ from signing up with options house but their money market interest is quite a bit less but their trades are only 3$. I am hoping we see brokerage houses that start offering trades for less than 1$ considering its all online now and automated.
So now I have 70 less $ to use for christmas unless I can make it back at options house.
I would stay away from gaz who knows where the bottom is, I mean I thought 8$ was pretty low but thats 8 more $ it can fall especially since the 1yr trend shows it asmototicly approching 0. Gaz is an ETN and UNG is an ETF, from what I understand ETN's track the actual commodity better.