Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Last year our big crash was on an ECB announcement, seems foreign news moves the market more than our own.... Go figure!
Used up all my cash on other trades today, wish I could be averaging down my xiv right now....
I not saying chart reading skills are going to tell you when there will be more volatility, but they can tell you where to buy and sell. Watch some videos on you tube about chart analysis or read about it. It will give you a better understanding, plus will help buying and selling regular stocks that you would be better off trading. I agree a lot of people don't know what there doing and this is not one of those stocks to be trading if you don't. You can see there are a lot of people losing their butt trading uvxy and tvix.
I did short nugt for a while, got caught without a stop loss. This thing was playing nice for a while. Just have to wait and see what way gold is going. To risky right now, plenty of other things to make money on
Sounds like you need to learn about chart reading. Your buy and sell limits are a shot in the dark. You have to learn support and resistance to get a better idea where to buy and sell.... Not that I am an expert by any means, but you have to learn these fundamentals to trade successfully.
I stopped trading this one a month or two ago. Now I watch this to buy xiv, this strategy is working much better for me....and safer too.
Lost a nice chunk here myself.... This ones become too unpredictable for me. Done with nugt for now.
I gave up on nat gas this year, I lost money trying to short it. You would think a good storage report would make gas go up, but since they missed their estimate by a little.....it tanks! This happened three weeks in a row. We had a lot more in storage last year at this time and prices were way higher! I give up....
Can't wait to see what the price of an itv would be.... Their friggin MacBook is 2g! How many consumers are gonna buy a $10,000 tv?
It's moves with the market also. So i wonder if we get a correction next week , this might move down further. I bought some here, might have been a mistake. The last time I bought it this low I almost doubled my money in two weeks. Things were different then though....
Wow, this thing getting murdered! Glad I wasn't holdin.....we might see new low!
Well...so much for that report.
Wow! Fast approaching 23....
Thought about averaging down yesterday, but fear got the best of me. But I did buy ugaz on the pullback....nat gas should rock with tomorrow's storage report. Party on!
Obama might consider short term deal now.... I wouldn't touch this thing, especially if you don't know what your doing.
At least it looks like its holding that support.... Could be a long fall under it.
Not sure if it was on guns specifically, maybe like hunting packages, target ranges, etc. Doesn't matter, just seen it on the news this morning after I bought groupon stock last week... Kinda makes me wonder how its gonna affect my $....
Are you saying its a good thing they did? Wasn't sure if this would hurt or help them. I can't imagine there are a lot of people going on groupon for gun deals, but who knows...
Got back in at 24.30 this morning. This weeks storage report should be stellar..
In and out of here for another nice gain...
But if it breaks this 4.82 support ... I'm out
I agree, but ya never now how news like that will affect it
Man I love this thing...
They removed any gun related deals today, getting boycott from gun groups.... This can't help things, I wonder if that's why this is down this morning. I might have to bail..
That's why people buy too early, afraid their gonna miss out on some profit.... While that money could be making them money somewhere else. Discipline
Looks like it moves exactly with the price of nat gas..
It will be interesting to see what happens with export. That's gonna be the key to price. If I had to guess, I think congress will let them export eventually to some degree.... Claiming its going to help our economy, meanwhile we'll get bent over on gas prices. They always side with corporations. Until then, I think we see this short winter rally...
Took my profits at 3.16...this thing will probably rock next week too.
Hope your right... Almost got shook out at 4.97, but I held on. You've been pretty spot-on in a lot of your posts. You got your 21 today xiv... Happy Weekend!
I had a bad feeling we were gonna rally into close.
Ok... I'm out! No more hot potato with this one......lost a couple bucks, still had a good week.
I hear ya, I'm out at the eod regardless... Just saw the vix got slammed and the s&p was up, so lookin for a bump back up into close
Wow, nice day here! In here 2.94 wed.
Ok, in here at 11.95
It does exactly what it was designed to do....... Take your money.
Ya, my money's not here.... I just can't believe how some people trade this thing and they don't have a clue how it works.
Because the vix went up
I think the point is.... make small plays to get to the goal, if a couple don't work out... You don't lose so much! It seems you like throwing Hail-Marys.., you do realize that the longer you hold leveraged etfs, the more you lose. Especially ones that swing a lot. If you have $1000 of this and it goes up 20 percent today and falls 20 percent tomorrow..... You don't have a $1000 dollars anymore! That's one of many reasons people don't hold these...
Grabbed some at 21.01, I'm thinking nat gas gets smashed again next week.
I let mine go at 18.86 Friday from 15.80. I'm gonna see if there's a pullback next week and buy back in. I wouldn't bet against this market right now buying uvxy Eric. Wait and see if there's gonna be another last min deal. I made the mistake of buying uvxy way too early last time. Made another mistake hanging on to it and waiting, meanwhile your losing money everytime it swings up and down. That's just my opinion, I'm no expert. Good luck man!