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VelocityShares Daily 2x VIX ST ETN Message Board

  • bg_rox2001 bg_rox2001 Jan 9, 2013 10:58 PM Flag

    This is NOT meant to be held overnight....

    If you guys are holding this overnight....especially multiple days....then you OBVIOUSLY do not understand the math behind this vehicle. This is NOT meant to be held. It is a vehicle to daytrade only as is it a mathematical CERTAINTY that it diverges to 0. There is a 100% chance of losing money if you hold this long term. If you don't understand that, then you probably deserve to go broke.

    Sentiment: Strong Sell

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