[TimAlerts] $TVIX OR $UVXY are used to trade volatility. $VIX isn't tradable.

[TimAlerts] just an idea, figured with any panic, inauguration soon.. lots of uncertainty. not sure what other guy saying its non existent? VIX is volatility index

[TimAlerts] VIX is non existent

[TimAlerts] VIX might be a play with shootings going on.. fear index

[TimAlerts] Exactly the $TVIX is supposed to mirror the VIX index. In fact it's in the name '(TVIX) VelocityShares Daily 2x VIX Short-Term ETN'

[TimAlerts] but the VIX is rising and green on day.

[TimAlerts] Just a friendly warning. I got killed waiting for it to 'bounce back' but it never bounces as much as actual VIX

[TimAlerts] Sure play it when the market crashes fine, but don't buy on speculation. Rate Hike already baked into Volatility today as it was expected. It does not do what it is supposed to the degree it advertises. The VIX is the true Volitility index, $TVIX is a crap derivative made for bankers to make millions. See 'The Big Short'. It's already reverse split from 1 this year and is on its way there again, while the VIX never drops below 12

[TimAlerts] Trust me not agrueing, I know what the $TVIX does in theory, it's supposed to mirror the VIX....but compare the charts, VIX never drops below 12ish while TVIX has dropped steadily since about 22.50 (reverse split price) to now at $10. Trust me I've lost thousands, don't buy hoping only buy if it's actually spiking

[TimAlerts] $TVIX dropping while VIX is up. TVIX is probably the worst fund on the planet, it doesn't mirror nearly close enough, I've learned the hard way