$Microsectors Gold Miners 3x Leveraged ETN(GDXU.US)

Those micro-flips are precise, but the fees are eating the tiny margins. Here is the verified arithmetic and breakdown of your statement.

Trade-by-Trade Breakdown

* 08.14 Trade:

* Gross Profit: \$1.30 - \$1.25 = +\$0.05 (Statement lists +\$0.03, which miscalculates the \$5.00 price move on 0.01 shares).

* Net Profit: \$0.05 - \$0.02 \text{ fee} = +\$0.03.

* 08.24 Trade:

* Gross Profit: \$7.41 - \$7.38 = +\$0.03.

* 08.26 Trade:

* Gross Profit: \$7.37 - \$7.33 = +\$0.04.

Cash Flow Totals

* Total Credits In: \$1.30 + \$7.41 + \$7.37 = \$16.08

* Total Outlays (Buys): \$1.25 + \$7.38 + \$7.33 = \$15.96

* Total Fees: \$0.11 \text{ (buy)} + \$0.15 \text{ (sell)} = \$0.26

* Total Debits Out: \$15.96 + \$0.26 = \$16.22

Final Net P/L

The final net calculation in your statement is correct at -\$0.14. Even with a 100% win rate across all three trades, fee drag accounts for a \$0.26 loss on \$0.12 of total gross gains, keeping overall YTD returns slightly in the red.