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Bullboard - Stock Discussion Forum BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

TSX:HVU - Post Discussion

BETAPRO SP500 VIX ST FTRS 2X DLY BULL > I used to have this crazy idea
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Post by MayorRobFord on Jan 04, 2017 7:26pm

I used to have this crazy idea

To hold this crud or keep averaging down until a crash which I saw as being just around the corner. That was 4 years ago. I heard other people having the same brilliant idea over the years. I wonder if there is anyone that didn't regret it.
Comment by toxbridge on Jan 05, 2017 5:41pm
I did regret it... it's like a blackhole where you keep buying more to keep your ACB low. At the end, the eroding space of this thing would just rot you out. Before you realize, you may be sitting on a 90% loss. I think a better way to play this is to realize loss periodically, say one-month. Again, one can barely always realize the gain on its peak. So in conclusion, there is no point in ...more  
Comment by Lukasdupola on Jan 05, 2017 8:18pm
This post has been removed in accordance with Community Policy
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