Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Titanic Economics

[Contra_Man]

Target prices are not calculated, or pre-meditated as that very important trigger factor depends on near-time data we use as technical and sentiment input considerations.  Therefore, we simply apply a running -11.52% trailing "on close" stop-loss being applied to each filled order so they are triggered at different points of a risk-controlled loss.  Gains run, losses stopped-out.  If the security jumps 20%, we will hold it until exit instruction or until the security declines -11.52% on the daily close.  If the security ever loses more than 11.52% on the close from the price already purchased, the next day position(s) will be a closing sell order for that loss position.  Rarely, we issue instructions to over-ride those types of trading losses, but it does happen in order to let positions run out further losses (on a hunch) but that is rare... rare along with re-starts which begins the process of re-acquiring a previously stopped-out position in hopes of a near-term bounce recovery.