I have sent a thank you letter to Barclays on the prospectus address. Don't know if they got it but I praised them for managing a product to the tee of how they have explained things in the prospectus. VXX is the most properly managed product (ETN) on the market hands down and thats why it has a daily traded volume of 10s of millions of shares.
Why do you clowns constantly try to out smart a product that is defined by a limit equation that goes to $0.
You have been given unlimited welath and profits for as long as this product is listed and you do the opposite. I do not understand.
Short with 1/3 of your capital and go live life and get profit every single month! When things go wrong and VXX is up 20% in a single day. You pare your bet back to 25% of cash. If it doubles you take a loss and hold on to cash to cover the possible triple at which point it is only a matter of 60 days before the product goes back to where you shorted it from!!!
Manage your risk, manage your capital you can make a minimum of 17% per year off of this product. I have made 71% as of today on my bet. I derive the 17% profit from an average of 51% per year at 1/3 cash. = 17%.