VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

I use to feel the same way back in the late Summer when I first started trading these TVIX. But then I made up for it when I went back in at the beginning of November and made a tidy profit (almost 3 points) when the "markets" had that swoon in mid November!
Keep in mind that you have to be very patient with these TVIX, pick your spots, block out the noise, and keep a tight stop loss! Have an overall picture of the markets, economic picture, etc but also remember that you can right in the macro terms but wrong in trading terms! Most here have realized how the "markets" are being manipulated to up side regardless of the economic picture being presented (i.e. Obvious global slowdown)! But you CAN'T fight the CBs and the CPs in their attempts to "convince" the public otherwise (i.e. That the economy is "getting" ready for lift off)! The only thing you need to look at to realize it's all BS are the bond markets! If things were getting "better" (BTW- see Draghi/ Yellen saying the same BS over and over again? That the economy is "improving")- rates would be much higher than they are today and ECB, Japan, China wouldn't be "adding Stimulus" so late into a so called "recovery"! Play the TVIX nimble and smart and don't be afraid to take small profits when given so you can pad your account for a nice position trade! Good luck
- JMHO