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Started By
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re: UVXY........ETF that I'm killing it on
Posted on 5/30/13 at 11:52 am to roguetiger15
Posted on 5/30/13 at 11:52 am to roguetiger15
ya wait till uvxy starts decaying and your stuck in a position. A friend of mine thought he was hot shite with it in march going from $8 to $12 in one day, I told him to stop trading it, now he's crying thats it in the $5's.
Time decay is not on your side
Time decay is not on your side
2
Posted on 5/30/13 at 12:03 pm to ThaBigFella
Thanks big fella.......... 
Your portfolio must be rocking......I mean you are talking about time decay on an ETF that is used to hedge losses.
Your portfolio must be rocking......I mean you are talking about time decay on an ETF that is used to hedge losses. This post was edited on 5/30/13 at 12:07 pm
Posted on 6/3/13 at 2:15 pm to ThaBigFella
quote:
Time decay is not on your side
Agree. These for the most part are day trading instruments. Anymore than that and the decay kills you.
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