Replies to post #704 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[growthstocks]

I bought half that on margin, and it kept tanking and tanking until I went over my max leverage of 50/50. It was 40/60 cash/margin...so I had to sell, otherwise Etrade will sell. I could have just sold the 60% but I know its going to go to hell first, and I could get some hot deals down there.