Replies to post #32514 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[Sendme]

As a fellow TVIX trader, I would caution on the "investment" idea. A choppy market makes this a difficult etf to trade. The big move it made back in Feb may not happen again for quite some time. Right now it is basically scalping going on day to day. IMHO

If the market continues up to try and fill some gaps TVIX will get punished.



I still think we will revisit the top and bottom of this channel at least one more time each over the next 6 months to a year.


I personally am waiting for the SPY to get closer to the top of the channel before I will buy TVIX again.