Anyone who thinks it's a good idea to hold UVXY, you need to look at the long term charts. The decay on this is horrible.
You can however make a lot of money if the market tanks, but you need almost perfect timing. Not something I would hold unless I was sure the market's gonna tank.... at that point you might as well buy put options on stocks anyways,
You can however make a lot of money if the market tanks, but you need almost perfect timing. Not something I would hold unless I was sure the market's gonna tank.... at that point you might as well buy put options on stocks anyways,
Nota
As I was saying, you need absolutely perfect timing to make any money off this. It's for short term trading only. Day trade.... or couple of days at most
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