At what time in days/ % down you cutoff uvxy stock losses. Been bagholding at 15 from July last year. It was suuppose to be short term investment but didn't cut the losses at time. Uvxy is ATL, should I avg down or sell the loss making one and eat up losses.

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UVXY should be a short trade. If you lose the moment you lose you need to close regardless of how low you are.

UVXY is a long term losing proposition you jump into only for the sake of the short gamble.

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