Submitted by awesomedan24 t3_z7vkqq in wallstreetbets
awesomedan24 OP t1_iy8cmbd wrote
Reply to comment by NotDonaldTrumppp in Slowly but surely un-fucking myself by awesomedan24
A few days at a time at maxiumum. Too easy to get killed otherwise. These are not designed to be held long term.
The drop you see in my account in June from the 145K high is when I held a leveraged VIX etf for several months, between the drop in volatility and the inherent decay of the leveraged etf, it decimated my account
NotDonaldTrumppp t1_iy8frpy wrote
Oh trust me. I am aware about the decay. My account blew up before because i was too stubborn to sell.
Jiggerjuice t1_iy91jwr wrote
I miss blowing up my account with tvix too.
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