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

TSX:HVU - Post Discussion

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Post by manxcan on Apr 05, 2018 2:11pm

Focus

See high, reduce on descending, rebuy. This I do. Right now price is at trend line of ascending bottom prices.  I need to confirm, rebuy support rise, keep reducing if drooping. 

Traders should respect Vix volatility but see changing down and up channels. Helps remove crush of emotions and prevents holding losing price movements 

I have always said, toughest ETF to trade. Will be interesting last hour today. Cheers Manx
Comment by LongGuy on Apr 05, 2018 3:12pm
I did it again manx...filled at $29.32....watch it go lower now...seems news is positive on BNN and markets rising. Wish me luck... :-/ LongGuy
Comment by LongGuy on Apr 05, 2018 3:20pm
I am hoping S&P500 stays below 2675...and  I should be ok...let's see. 
Comment by manxcan on Apr 05, 2018 3:32pm
I think longuy we stay on trade because of wide volatility spread. I sure you may agree if HVU or UVXY gaps on Friday it will gain 10% minimum.  We have 30 minutes to go, run like a cheetah . Cheers Manx i would have said run like deer but those are eaten by cheetahs.
Comment by LongGuy on Apr 05, 2018 4:05pm
Yes...my exact thoughts. I believe all is not well yet with the market...more turmoil to come. Hopefully good day tomorrow. LongGuy
Comment by MichaelRyan on Apr 05, 2018 3:30pm
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