amigo, listen. it´s not a good time to go against uvxy or tvix, right now,fear is growing and this things can move to fast to the upside when the fear grows, among the investors. let me explain you something, for the last months the Goverments n Europe and USA had benn hiding their problems, and they have been either throwing money to the markets or making tricks like having extremly low interest rates to borrow money.
but the reallity is that thing are really bad in the economies, but, just but, the elctions re comming and the people are getting mad and anctiios look, how just in one day people in Greece in may 17th withdaw 700 million Euros from bank accounts and savings. because they have fear. I strongly recomend you
1 Change, sell your shorts and buy UVXY or TVIX to the upside, get the money you lost, or at least half. and sell when you see slv in the low 20´s like 22 or less buy AGQ or USLV... and wait untill october you will get your money back and you will make more.
The money that is missing in the markets and in the banks, is going to be compensated for more money printing, new money coming out of thin air. ELECTRONICALLY, and will make comodities, like silv, gld, coffe sugar, materials and others to rise in price. but not yet, I bealive from here to june 14 or june 30 UVXY will rise to the 70 or 100 level, while at the same time slv will drop to 22 or less. this will be the time to buy BULLS in the middle or end of june. but NOW IS TIME TO GO WITH UVXY not AGAINST UVXY----- I hope you can get yourself together
CHEERS and don´t give up, remember bout your son, if you belive is the time to take risks, take them and BUY UVXY because if you see the graphs, fter a little over 6 months they have been dropping like crazy, now UVXY touched bottom at 12.xx and just on friday croosed the 21 USD level resistant it will fly to the upside, you have time to get the money you lost back because from here it will rise at least another 250%
Good luck and god help-
if this true i am sorry for your loss - imo the market has just begun to turn - it is going to be volatile for next few months- you could get lucky and get some money back but i believe the market goes lower which is not good news for you