Replies to post #32194 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[huka]

Market up = tvix down. Just getting my toes wet at the moment. I'm not done here. Please explain why you are worried about tvix financially

[Bigtoker]

There are no financials in Tvix it tracks against the market . If the market goes down it goes up it’s that simple . A lot of people use it to hedge themselves . I like to gamble so it’s really just another bet to me . If you think the market is overextended and might blow off some steam go for it . You you think the dow will hit 40k on this run maybe you should sit out .just keep in mind when it does move it moves very quickly you can double or triple up but make sure you have your finger on the trigger at all times . Lol GLTA