Replies to post #2923 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[T-R1]

How do you set your stop limits?
Do you use % or say 3 cent below the buy?

[Globaltrnr]

I like doing the weekly options although they can be tricky - many times it’s like shooting fish depending on the "news of the day".

Sting and Doc are very well versed in the technical behind this; I have found that if you watch the vxx, spy, you can get a feel of where it's going. Having CNBC on the monitor also helps.