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ProShares Trust Ultra VIX Short Term Futures ETF UVXY



ARCA:UVXY - Post by User

Comment by MichaelRyan2on Aug 29, 2019 10:29am
15 Views
Post# 30079013

RE:RE:RE:RE:RE:RE:RE:RE:RE:stopped...

RE:RE:RE:RE:RE:RE:RE:RE:RE:stopped...I think the one common mistake with most of us on this thread is we 
constantly “guess” bottoms and bet “against the trend”

fear and greed are “momentum plays”

so got to go WITH the momentum 

trump just tweeted talks back on with China at “ a different level” ... 
they are going to juice this for all they can. Technicals on sp500 now are turned green or bullish HENCE reason I remain on the sidelines

Not many understand my trading psychology BUT I’d rather be buying Tvix at $18.30+ at days highs with market having already peaked than guessing a bottom here, and then praying and hoping markets don’t continue to levitate 
while Tvix continues to deteriate 

DS wish you best with your trade and hope I join you soon! 




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