how does this pos move up, i am in it sonce the vix hit 19 and now it is over 20 and i am fcukin down
vxx appears to be heavily shorted. spikes in either direction will be amplified.
Patience. The market will turn - even if it's only a short-term event. The VXX will respond sharply. You need to average-in and hold your ground. Best used to hedge an existing long portfolio. Otherwise, you are speculating.