VelocityShares Daily 2x VIX ST ETN (TVIX)

[deadjim]

We probably are. But I've found its best to play the backside of the move. You can size in, you can see your risk, and you're not going in blind, adding to losers. I see a lot of people on these boards just buying TVIX only because the markets up. Averaging down like they do on their penny stocks. Man, that can kill some accounts if the trade isn't there.

I guess I can see that strategy if you're not able to watch all day. Would be tough to sleep at night though.

Either way, plan tomorrow is to look for a place to long UVXY. I may or may not get smashed.