UVIX, a lotto ticket with low risk
Exhaustion, Range, Breakout
Could work.
When uvxy worked in covid it did 800%. Even if this does 20%, to take a shot at something like that with a 4% stop is quite reasonable IMO.
Could work.
When uvxy worked in covid it did 800%. Even if this does 20%, to take a shot at something like that with a 4% stop is quite reasonable IMO.
Note
It should really take off from here, as that's the way of UVIX. If it doesnt im out. Stop moved to breakeven essentially immediately.Note
I'm out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.