Replies to post #20803 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[weedresearch]

See,I swing trade. and if the primary trend (bearish IMO) has the probability to return, (i.e. short term or bounce for a week or so) and you do not sell, the backwardation would counter the contango.......would that not be a decent risk/reward. I mean this is 2:1 if you're in low 8's.

I just got active this year, but I had my 7 and 63 long ago....and I have done VERY well.

[Myself °¿°]

Thank you all for the input. Yes,;-) I know this etn rule and occasionally I break it by holding overnight... compounding the mistake by being stubborn for days ugh
Still waiting for the vix 40 spike