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VelocityShares 3X Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return DWTIF



OTCPK:DWTIF - Post by User

Post by PROtradingon Oct 04, 2016 8:50am
138 Views
Post# 25305839

As you might expect....

As you might expect....I took a beating shorting oil (via DWTI) and betting against OPEC's ability to set a direction.  Not a big deal, I make money and lose money on trades. I'm not 100% right and I got sideswiped and was on the wrong side of the trade.

I'll recover quick (well underway).  Losing money sharpens my trade.

Well, OPEC has now set a direction and I'm not shorting oil anytime soon again.  I think... ;-)  LOL
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