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KyleDallas

05/05/2020 21:13

$VelocityShares Daily 2x VIX ST ETN Do these works like stocks? Or do these work different as in each day counts against us or for us? For example, If i bought at 200 and sold at 300 next month. would i gain 100 bucks or does each day it go up or down in the market count against me?
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All Comments(3)

sean's05/05/2020 21:25
it gains with fear and volatility!!!

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Nick05/05/2020 21:24
Works like a stock technically And you would gain 100.... buuuut it has a degrading value so notice how it hit 1000 recently.  Itll be hard to hit that again because of this degrading value. Not sure the ratio, but basically if you had 100 dollars in this, overnight if nothing changed (Theoretically), it would be woRth less the next day... 

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kathan05/05/2020 21:21
profit loss works just like regular stock but it moves based on market volatility

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