Tuesday, May 6, 2014

Long UVXY

Been super busy around here lately, pardon the absence.  Missed the Buy VXX signal a few days ago but that's worked in our favor as UVXY is now lower than the trigger price.  I just purchased a decent sized lot of UVXY at 52.40.   I'm setting a limit sell order for 55.00 targeting a ~5% gain.  I'll give it 5 days to get there otherwise I'll sell it next Tues 5/13 regardless.  Thanks and good luck with your trading!
-J

4 comments:

  1. who cares for this fucking piece of shit system

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  2. J, you still in this long or did you exit w/the -12% loss today?
    Might want to re-think longing something like UVXY that bleeds so horrifically.

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