The trader is the winners now.
Because they are short term.
They can just follow the "System" and milk the market day by day with NO RISK of big loss.
If a sell signal comes up they can just go to cash or go short.
No chance to get caught holding long into a correction.
Conversation
I got caught holding $UVXY UGH. "A correction has to be coming" said the guy losing 50%...so far. I guess that's one way to learn about fear indexes. I do seem to like to learn the hard way. I've heard they tend to pop after a RS so I keep holding but keep feeling dumb too.
1
2
$UVXY will NOT pop after a reverse split... that is fiction... a false hope
UVXY moves on a pure % basis, dictated by it's benchmark $SPVXSP.ID. Doesn't matter if it's $5, $50, or $500, a 5% move will always be 5%