Post by
manxcan on Apr 17, 2018 3:35pm
Wiz Thought
If you sell you lose BUT that capital is huge if used correctly. Trades on less volatile but profit producing stocks or ETF trades will build that remainder you have. Do the math. The seller.
Buys HVU at $27 starts with $15000 and loss 1/3 at HVU $18 = $10,000 in 7 days. Waits 3-6 days or weeks, trades better on other products $10,000 plus 20% = $12000.
Lower price on Hvu, Tvix, VIX, or Uvxy appears. It has dropped 25% more to $13.75.
UvXY here is $14.29, less 25%= $10.72. This is going to happen by the way. Despite bounces above this amount.
$12,000 in hand entered at $10.72. This is where VIX trade has far greater chance to pull back market off on a very strong run.
80% gain takes trader to $19.33 above his $15000 and re energizes his account.
You just cannot go against the 90% of big funds buying long in markets. That is what you are doing if you do not lie in wait of great entry.
When, before or after June Fed meeting, all out war in Middle East, after July earnings reports. Don’t know but other than Thursday Fri bounce I can try on support and take a good exit I am very cautious on VIX trade
Glta Cheers Manx