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Bullboard - Stock Discussion Forum VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER UWT

ARCA:UWT - Post Discussion

Post by laffinatbaggies on Mar 09, 2020 12:28pm

out for loss

Bought 2x position this morning in UWT at $1.704 that brought my average to $2.56.  Sold all for average of $2.173 and now completey out.  Took a loss of $5800.   But more than made up for it with several buys of oil stocks at open and after circuit breakers. Some some already or portions of some for profits of +10-20%. This was my first loss in several weeks. Been an awesome couple of weeks in the markets and trading overall.
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