RE:My BUM hurtsI have lost serious money on HVU. Last month I put my money into HGU (gold miners). I can at least say the bleeding has stopped. I personally think gold is a better way to trade on market fear. This is the wrong thread to talk about gold.
Many of us (me included) get into this without fully understanding how a VIX ETF works. Unfortunately it doesn’t oscillate with the VIX index. We have lost money because the slippage from long-term VIX futures as they become short term futures. Without getting into a lengthy explanation, you should buy this as short term trade if a SP500 pullback or correction is likely. Sell and get out within a few days or a few weeks at the most.