Comment on The Tell: XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money’

The Tell: XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money’

The VelocityShares Daily Inverse VIX Short Term ETN was created to give traders an opportunity to bet against a rise in volatility — the calmer the markets, the more profitable the trade. And it’s been one of the best plays out there amid the bull’s long and steady assault on new highs.

 

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