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

Titanic Economics

[Contra_Man]

Added twenty (20) T.HVI positions @ $22.49 to now hold o/w 20/15 inventory allocation. 

[Contra_Man]

Exited T.HVI @ $26.23 (+16%) to now hold NIL.

[Contra_Man]

Added as now filled twenty (20) HVI-T @ $12.89 to now hold o/w 20/15 inventory allocation.

[Contra_Man]

Added as now filled ten (10) HVI-T @ $12.39 to now hold max. o/w 30/15 inventory allocation.

[Contra_Man]

Exited HVI-T @ $15.98 (+29%) to now hold NIL.

[Contra_Man]

Added as now filled fifteen (15) HVI-T positions @ $20.19 to now hold 15/15 inventory allocation.

[Contra_Man]

Added as now filled five (5) HVI-T positions @ $18.61 to now hold o/w 20/15 inventory allocation.

[Contra_Man]

Added as now filled ten (10) HVI-T positions @ $17.79 to now hold o/w 25/15 inventory allocation.

[darthsidious666]

Wtf is going on in the short vix space. Xiv down over 80% after hours

[Iseneschal]

[jicoop]

so HVI could open at $2.00/share tomorrow and HVU could be $150.00/share. This is possible ? 

[Contra_Man]

INDEED... Rigged and Robbed one could say.  Good thing was holding HVU-T as a hedge (just now sold out). -11.52% Stop loss triggered on HVI-T exited XIV-N filled @ $2.27. Re-purchased today here again repurchasing T.HVI @ $2.06 for thirty (30) positions as now held in inventory.

[Contra_Man]

Exited HVI-T @ $2.30 (+10%) to now hold NIL.

[Contra_Man]

Added as now filled fifteen (15) HVI-T @ $1.72 to now hold 15/15 inventory allocation.

[Contra_Man]

Exited HVI-T @ $1.93 (+13%) to now hold NIL.

[LongGuy]

You gots some big "Kahunas" in with that trade...damn...nice job.  You think we are done or waiting for a better reentry?  LongGuy

[Contra_Man]

Added as now filled fifteen (15) HVI-T @ $2.26 to now hold 15/15 inventory allocation.

[Contra_Man]

Added as now filled five (5) HVI-T @ $2.28 to now hold o/w 20/15 inventory allocation.

[Contra_Man]

Added as now filled five (5) HVI-T @ $2.17 to now hold o/w 25/15 inventory allocation.

[AHybridofStreetandStocksmarts]

Contra_Man please help us understand your statement in simple English, did you buy 5 board lots (500 shares) at 2.17? what does o/w stand for? and what is 25/15 Inventory allocation? I am guessing you want to accumulate 2500 or 25000 units of HVI but so far you have accumulated 1500 or 15000? Thanks

[Contra_Man]

hi contra, what do you mean re: units, when you posted "Buying three (3) units of HOU-T after selling out all of our HOD-T." i am not familiar with this expression. thanks, hope all is well. AT. Excellent question AT.  Units are logarithmic trading patterns we use to either SELL or BUY falling knifes typically.  Each unit is defined as exactly one board lot, or 100 shares, if

[LongGuy]

I've never seen it described like that.  Usually I just say I bought 1300 shares at x price.  I see the units on my buy or sell order but that's about it.  Why do you relay the info that way?  What value does it add posting it that way?  Just curious...that's all.  cheers.  LongGuy

[Contra_Man]

Fair question, so the reason is before the age of the "Fed's ETF reverse stuffing quant dialed markets", we used to leg into the security almost one buy per day unless big moves, for ten trading days straight, all in order to achieve a dollar cost-averaged adjusted cost base (ACB) for ten positions. However, now in these times of working under the rules of a "Fed Dial"

[Stockboi]

So contraman any goals on a price target of when to sell hvi? To hold till forever?

[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

[LongGuy]

That is a whole mouth full of info.  I had to idea...still scratching my head try to figure it all out.  This really is a much different beast than I am use to trading.  Thanks for the info.  LongGuy

[Stockboi]

So basically always have a stop limit strategy of when to get out but in terms of selling its very noise dependant on the news. Do you think it would be a good idea for a long term hold for HVI since historically the trend is up in the long run? I think the hardest part of all this ETF is when is a good time to get out because it is always tempting to go back in, in case the prices go up again.

[LongGuy]

So it's pretty much unrealistic to have long term price targets from what I gather so far.  Pretty much a daily trader based on market sentiment/noise, media, politics, etc.  Trade at your own risk for a lack of words would be safe to say.  LongGuy

[Contra_Man]

Adding two (2) HVI-T positions @ $2.18 or better to now hold o/w 27/15 inventory allocation.

[Stockboi]

Contra man you are buying more inventory?? Even after the messages from yesterday? Would you be able to explain to us the rationale to buying more at this time and value? Thank you. Your comment is much appreciated

[dm27427]

Today's closing price is $2.20 NAV is $2.19 The fund manager's warning related to a scenario where the price becomes "unhinged" from the NAV, i.e. is significantly higher than the NAV, incorporating a premium valuation not supported by the underlying asset, i.e. the fund's cash holdings. As of today, with HVI, that is not the case. Google TVIX 2012 for an old example of a

[Contra_Man]

Added as now filled three (3) HVI-T positions @ $2.15 to now hold max. o/w 30/15 inventory allocation.

[Contra_Man]

Correction: Filled Three (3) HVI-T @ $2.19 ACB

[Contra_Man]

Exited T.HVI @ $2.12 to now hold NIL.

[HudsonView]

Did you panic sell? LOL not trying to be negative or anything but you bought at 2.19 today to sell at 2.12 and it closed at 2.17 Not sure what your are actually trying to do. 

[Stockboi]

He swapped to HVu

[Contra_Man]

Added as now filled ten (10) HVI-T positions @ $2.14 to now hold 10/15 inventory allocation.

[togorba]

What is the reason of buying HVI if it turns red while HVU is down 9%. Is something missing here.

[Contra_Man]

Added ten (10) HVI-T positions as now filled @ $2.14 to now hold o/w 20/15 inventory allocation.

[Contra_Man]

Exited HVI-T @ $2.19 to now hold NIL.

[Contra_Man]

Added as now filled fifteen (15) HVI-T @ $2.11 to now hold 15/15 inventory allocation.  Also added fifteen (15) SVXY-N @ $11.86.

[Contra_Man]

Added as now filled five (5) HVI-N @ $2.09 to now hold o/w 20/15 inventory allocation.

[Contra_Man]

Added as now filled five (5) HVI-T @ $ 1.98 to now hold o/w 25/15 inventory allocation. 

[Contra_Man]

Adding three (3) positions in HVI-T @ $1.94 or better to hold o/w 28/15 inventory allocation.

[Contra_Man]

Exited HVI-T @ $2.02 to now hold NIL.