UVXY Short Now in the Green

I wanted to be able to show some trade management concepts today for a swing trade on an intraday basis, unfortunately it was a bit too volatile for that today, I'll see what I can dig up though that you can put in your tool box.

The first lesson I think is to make objective decisions based on objective data, it would have been very easy to be run out of UVXY earlier on emotion, but the charts held up and said to stay with the position.

The second concept may in fact be risk management and position sizing when taking on speculative trades like this, if the position is too large, the emotional burden is magnified so good risk management and choosing the right tool for the job are important in allowing you to think clearly and not out of fear.