Replies to post #13215 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[Vitalii]

... no comments..

[sothis]

You don't lose anything until you sell :-P. Or, well, maybe the decay of having to hold onto these ETNs while waiting for recovery.

[napling02]

You can only laugh about it. The trade that killed me the worst was the silver ETN (USLV). But UWTI has been equally unkind to me. I just got destroyed today and yesterday.

I sold out of USLV today and I will let silver settle down. I bought additional UWTI at $2.01. I think the inventory numbers will spike this to $2.50 (or I am hoping, haha)

[trdwatch]

Booked my worse loss having held over the weekend but most of us are making big gain money on a weekly basis in UWTI since Jan. Just a part of trading the unknown.