VelocityShares Daily 2x VIX ST ETN (TVIX)

[eric4x]

Will sell half of my TVIX for $19.90.*

I had a limit order set for 21 dollars, but it seems unrealistic at this point. I was going to lower it to 20, but then I thought that it might be a psychological limit, and might not quite reach 20. The plan is to hold half of my shares for any lucky rise in price, while trading the other half. The range lately seems to be between 17 and 20, with a little extra on both ends. I will try to sell at 19.90 and buy back at 17.10, and see if that works.*

This would involve a cycle of several days. Since it has been a month that I held onto this, I want to try to find a reasonable trading range. I only have a small amount, as I am just learning about stock trading.*

I don't have enough in my account to be a day trader. I am hoping to go from being a "weak" trader to being a "week" trader.*