Replies to post #37758 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[BRONSON]

It could have been worse.
I put a $50 stop loss on it.
It went up 25 bucks 1st, So I only gave them 25 bucks a share.

I didn't even know what happened till I turned the screen back on after dinner.

You gotta have a stop loss in tvix land..


Should have stayed in the exiv I guess...

I know we have a long way to go.
With the epidemic in the US,
even though the epidemic did not peak yet. Markets might have peaked bottom...
At least the volatility aspect might have peaked.

I knew I was playing with fire yesterday before I bought when the S and P Lost a few points and Tvix lost as well.

Not too often do they run parallel to each other they are normally opposit.

Not sure if I want to try it again today or not.

If I do I'll definitely have another stop loss in play...