the risk over time of holding some/many of these ultra ETF's. Great traders if you are nimble, but not for most:
http://stockcharts.c...id=p43070660741
UVXY and ultras
Started by
tommyt
, Dec 05 2016 10:51 PM
4 replies to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 05 December 2016 - 11:36 PM
UVXY is an HOURLY INSTRUMENT... not intended for holding LONG...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Harapa
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- Traders-Talk User
- 1,279 posts
Member
Posted 06 December 2016 - 06:06 AM
Hold a basket of near to far dated UVXY/VXX PUTS... and wear ear muffs...you will not regret...
As an example...
UVXY 161216P13 UVXY 161216P15 UVXY 160317P15 UVXY 180117P05 VXX 170317P20 VXX 170317P25 VXX 170317P30 VXX 170616P25
Lastly, stop predicting every 5-10...100 points move...no one can...though many professes to...
This morning UVXY is down ~ 4% since close of yesterday...while SPX is flat...do you know why?
Edited by Harapa, 06 December 2016 - 06:07 AM.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#4
LMF
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- Traders-Talk User
- 801 posts
Member
Posted 06 December 2016 - 06:55 PM
In my experience, UVXY has to be above the 15 min 200 MA, or above the 60 minute 200 MA.....or both. And never hold it overnite....
#5
tire
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- Traders-Talk User
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Member
Posted 06 December 2016 - 07:41 PM
This morning UVXY is down ~ 4% since close of yesterday...while SPX is flat...do you know why?
End of the year tax loss selling
Stock prices make the world go round
