Replies to post #19856 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Nightridertwou]

I know good and well what this is but it is a POS vehicle that people think will make them rich. If you or anybody thinks the volatility will spike as it did a few years back when the pandemic hit keep dreaming. Losing money is not difficult to do but this UVXY has one thing that is true. It is designed to go to zero and it makes it easier to lose more faster and more times than a once in a while spike like two years back. Bottom line is the odds are most definitely not in your favor more than in your favor for making money. All I would say is good luck and you better have a lot of time watching it and willing to lose a lot of money doing it.