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jrobinson170
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I am a 41 something year old male. I have worked for UPS for over 20 years. I am investing for financial independance and the joy of finance. I believe in Nanotech, Robotics, and the next revolutionary technology. I learned to invest before the internet bubble (with no money), and started... More
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  • FYI 0 comments
    May 20, 2013 10:08 PM

    When choosing a stop for my long volatility ETN, I merely go to morningstar and get the NAV, then I put the stop in at real close to that value. It has been between a 4 and 5 percent premium, so I limit my loss to that. It seems to work recently.

    The premium you pay is going to evaporate for sure in little time though if things go sour.

    Disclosure: I am long TVIX.

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