Thursday, May 15, 2014

Selling UVXY

Just sold the turd known as UVXY today at 47 .   Gave it a few extra days which paid off some, but still taking a loss is never fun. Thanks!   Until next time....


Tuesday, May 6, 2014


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!