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Vanfanel

01/06/2021 17:17

$ProShares Ultra VIX Short-Term Futures After holding this for more than 2 months, I admit I still dont understand this ETF. But that doesnt mean I cannot make money from this. When it popped on Monday, I sold around 30% of my holding. When it drops back down today, I will buy those shares back and continue to average down. The only thing I am sure about is the market crash that will happen sometimes this year. That is the time I will cash out.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(5)

Bri***com01/06/2021 19:08
If only it worked that way. This ETF decays.

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Matt01/06/2021 18:34
Again you do not want to hold this ETF long-term at all especially when the markets are making new hires every day, if you get another bounds like you did, you should sell the rest of your position,

Vanfanel01/06/2021 18:39

Thanks, I will definitely consider that next time.

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Ali***com01/06/2021 17:36
yeah this thing's dog s*** nothing like Tvix

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Ali***com01/06/2021 17:35
$PsTI 🍼 an 🍯

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🔥patrioticAF🔥01/06/2021 17:26
you dont wanna hold this long term. they usually decay over time.look at your daily tells you all you need to know.

Vanfanel01/06/2021 17:36

Cool! Thanks!

🔥patrioticAF🔥01/06/2021 17:35

svxy is the pair for this,it helps when to enter.GL

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