BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

Bought in @ 12.67 at the end of day

[Matty19720508]

May be a little premature , so I set a stop loss market order @ 12.50 , to minimize potential loss.GLTA ! How much higher can the S&P go?If the stop loss gets triggered , I'll wait a bit longer to load up!

[Steven1]

You'll  need a lower stop loss than that. Maybe $12. After all it's a double VIX ETF. SP could go to ATH. Or could start to trickle down. The sideways action is really killing the VIX.  The SP needs to get to 2020 before we start seeing some major downward movement. Oil needs to start coming down too. Doesn’t help every time Yellen or someone else from the FED keeps talking.