I've been thinking about shorting leveraged ETFs. They pretty much all lose money long term, so you're pretty much guaranteed to make money eventually as long as you don't get stopped out in the short term.
One ETF I've been thinking about shorting is VXX - this thing is a colossal piece of crap, just look at a long term chart of it compared with underlying volatility index it purports to track. I wouldn't short it now, because there could be a selloff in the markets soon, but the next time there's a selloff and the volatility spikes, wouldn't shorting this thing be a smart move? Is there really a reason not to do it? It seems like it would basically be free money.
Some people here seem to be fairly knowledgeable about trading, maybe someone could offer some ideas.
One ETF I've been thinking about shorting is VXX - this thing is a colossal piece of crap, just look at a long term chart of it compared with underlying volatility index it purports to track. I wouldn't short it now, because there could be a selloff in the markets soon, but the next time there's a selloff and the volatility spikes, wouldn't shorting this thing be a smart move? Is there really a reason not to do it? It seems like it would basically be free money.
Some people here seem to be fairly knowledgeable about trading, maybe someone could offer some ideas.