Replies to post #1604 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[lifter]

i just got 3k of xiv

[stingray113]

I sold off my hedge this morning as it was dropping for a 9% profit. Wish I had held on now, but at least I protected that much of my portfolio by hedging. Been buying along the way today, both in SVXY and UVXY. Looking for a pop through the afternoon and a sale again tomorrow morning for UVXY, and a more mid to long-term entry position for SVXY.

Cook, the article you posted last night was excellent. Couldn't have said it better myself. In a link found in the article, I found a site proposing a strategy almost exactly like the one I've been trying to develop - an automated way to best profit from the fundamental characteristics of these funds. They suggest a 90% long inverse and 10% long leveraged fund, so 90% SVXY and 10% UVXY. Enter that at a time such as now, and simply let it roll. Doesn't get you the gains of being naked, but they found that over the last 8 years, that percentage would have minimized losses and still provided excellent gains.