Traders Ditch Leveraged Bearish Oil ETN in a Big Way
February 05, 2016 at 07:30 AM EST
Not that leveraged exchange traded products should be held for long time frames, but if a trader had been brazen enough to hold the VelocityShares 3x Inverse Crude (NYSEArca: DWTI) for two years, that trader would be quite happy as DWTI has returned 715% over that period. DWTI, which takes the...