Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Jopps who wrote (34739)	7/16/2012 10:19:58 PM
From: Jopps	1 Recommendation Read Replies (2) of 222588

Update on my UVXY trade, I got stopped out very quickly (sold at 8.63, originally bought at 8.78). Anytime you trade VIX ETNs (or any other kind of ETN for that matter), it is VERY important to keep positions small, very temporary and have tight stop losses. If you do not like stop losses or do not know how to set them up, (please, please) stay away from ETNs. I know a member of another board who has more than $300,000+ losses in TVIX this year.

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