Post by
manxcan on Mar 23, 2018 3:47pm
Story book day
This incredibly profitable but funny. Took the after opening trade on UVXY and caught a ride, Just over $8’s on day, best to come. At 12:45 est I wanted a trade and big before a dentist appointment. So I short over 7 minutes UVXY and it is nearing down to my a/c. This is 16500 short, big risk
trade plan, start a series of buys and placed so many as I had to run put on buys total at 26,000 UVXY. I am in dental chair, ask if I can check on my IPhone, lol. Uvxy has fallen. Big time, covers everything and my over placed orders fill and hopefully giving me 9500 long. So many entries forget my bottom price.
Done annual teeth clean clean and leave. Get home, turn on the PC and bingo, Uvxy is up at $19.78. The short and long of it was a trade total up $24,982. I am literally stunned. Do a complete sell order.
Ps day not done. Surely UVXY will sell off, as should HVU. Thus I buy 40,000 shares just a while back at my cost $11.505. I am at $11.47, gotta go, gut instinct says this is the wrong side of the VIX trade. Down 6 cents. GLTA. Now looking for rainbows or Hail Mary buzzer beater as selling all. No VIX trades overnight.
Have a a great weekend. I am holding DGAZ (Hnd) over to Monday / Tuesday trade.
Cheers Manx
Comment by
LongGuy on Mar 23, 2018 4:09pm
Nice Job Manx....timing is everything. So...I guess you be drinking the "good stuff" this weekend. lol Enjoy. LongGuy