E UVXY: Market Uncertainty And Telling The Untold Future

Moreover, while there will be many variables to consider regarding the equity markets and as there always is, VIX-leveraged instruments remain an optimal investment for the Golden Capital Portfolio. I’ve come from the best of times and the worst of times with regards to VIX-leveraged ETFs/ETNs…and life some might say. I’ve experienced UVXY go against my short positions by upwards of 180% in the past and as I layered into that surge in share price. Certainly during the 180% backwardation move I pondered my lifestyle and living standards, thinking this was the one that would break me. And I can’t deny the morbid thoughts that plagued me as a youth and as I struggled with those visions and experiences of a parental addict. But… “Know from whence you came. If you know whence you came, there are absolutely no limitations to where you can go”. Make it a great one, make You a great one.

 

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Disclosure: I am short UVXY and VXX

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Vibrant Cosmos 2 years ago Member's comment

Sorry hear what you had to go through as child. Very much agree the quote. You have been motivation for me to follow a methodical approach for profits, i might not be as aggressive as you are in shorting $UVXY, but am short never getting into a "called in" situation. Thanks for your posts.

Seth Golden 2 years ago Author's comment

Thank you for reading and your comment. I'm glad to see you are accommodating for necessary liquidity and achieving strong results.