shillllihs
5,974 posts
msg #131587
- Ignore shillllihs
modified |
9/29/2016 12:32:28 PM
Just getting back to what I've always known.
There are 3 phases to the market, trending, trading and bear(or stay out of market)
We are in a trending market. I look at long term indicators such as weekly and monthly.
Particularly CCI and MO. They have to hit certain levels to end or reverse trend.
The other thing I am starting to look at is, Vix is in contango and when it is, it drops forever.
I noticed your system struggles in backwardation and would do better with some tweaks.
I didn't know that much about contango but there's some great stuff out there showing historical
data.
http://seekingalpha.com/article/2348005-contango-and-backwardation-strategy-for-vix-etfs
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shillllihs
5,974 posts
msg #131588
- Ignore shillllihs |
9/29/2016 12:53:29 PM
Buy the dip
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shillllihs
5,974 posts
msg #131590
- Ignore shillllihs |
9/29/2016 1:08:23 PM
If this doesn't bounce back then I'm a sucker.
Still have 33% to add.
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johnpaulca
12,036 posts
msg #131591
- Ignore johnpaulca |
9/29/2016 1:09:22 PM
shillllihs
2,227 posts
msg #131582
- Ignore shillllihs 9/29/2016 11:28:37 AM
Xiv 37.78
***********************************************************
$35.49......this gotta bite, eh Souvlaki !!!
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shillllihs
5,974 posts
msg #131592
- Ignore shillllihs |
9/29/2016 1:16:44 PM
Well when I have my eureka moment when Xiv is at that height, yeah it does.
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shillllihs
5,974 posts
msg #131594
- Ignore shillllihs |
9/29/2016 1:30:51 PM
Ok, got cost basis down to 37.19. Let's see how this plays out. Guessing this will be over 40 in 2 weeks.
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shillllihs
5,974 posts
msg #131603
- Ignore shillllihs |
9/29/2016 4:18:09 PM
Uvxy pooping AH.
Might get another bounce tomorrow though.
ProShares Ultra VIX Short-Term Futures (UVXY)
18.00 Up 1.97(12.29%) 4:00PM EDT
After Hours : 17.33 Down 0.67 (3.72%) 4:16PM
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shillllihs
5,974 posts
msg #131621
- Ignore shillllihs
modified |
9/30/2016 10:46:05 AM
Sold both Jnug and Xiv today for a nice profit.
In cash for awhile till I evaluate what I want to do.
I want to smell the flowers for awhile.
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shillllihs
5,974 posts
msg #131622
- Ignore shillllihs |
9/30/2016 10:57:15 AM
So everyone has their systems, I got mine they got theirs, they are all good.
But can 1 of you snarky guys come up with something where on a daily basis you say,
go long Tvix, next day Xiv, I mean 100% of your money, not 20%, not 40%, so we can compound
the hell out of it. I mean turn 50g into 2mill. in a year.
This is my dream for humanity. Some say I'm a dreamer, but I believe there is a better world out there.
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shillllihs
5,974 posts
msg #131624
- Ignore shillllihs |
9/30/2016 11:39:43 AM
So 5-6 more weeks of slightly up market before the floor falls out.
System1 says stay out and wait for spike contradicting system2. S1 will make me big bucks while s2 will
make steady boring bucks. I like S1. When you start blending systems is when you
get in trouble.
That spike will happen, there is no way around it. It will shake the market but it will be short lived.
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