$2x Long VIX Futures ETF(UVIX.US) Look at this, it has trapped quite a few people recently. Probably most don't even know what this is and just followed the crowd to buy. This is actually a big no-no. I bet everyone saw online recently how crazy the rise was, thinking it would bounce back after falling from the peak. But in reality, many signs show that the panic caused by Trump has recently faded. Tariffs paused, negotiations, and easing tensions with China. So things will gradually stabilize. When the panic factor fades, this will naturally drop.

Actually, the correct way to use this is for hedging or speculation when the future is uncertain. The key is sensing macro changes and market sentiment. This is really hard, so newbies shouldn't play with it.

Also, if you zoom out the timeline, development is the main theme of NASDAQ. Volatility is just a small episode. Don't believe me? Stretch the UVIX timeline and see if it looks like an EKG. The hard part is, no one knows when that upward spike will come.