shillllihs
6,093 posts
msg #131297
- Ignore shillllihs |
9/19/2016 11:24:59 AM
Although my Tvix trade ended up profitable, yet another lesson learned for not following
my rules. All but 1 of my indicators triggered. The last 1 was a weekly
that was above the zone, but pulled back by eow. I guess better to wait and
lose a little upside than get in early. I mean if I expect Tvix to jump
270% at some point, what's the big deal missing out on 25%.
It turned out for the best but I have never been so 50/50 and torn as I
was last week.
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shillllihs
6,093 posts
msg #131298
- Ignore shillllihs |
9/19/2016 11:26:41 AM
Half position today, will be adding tomorrow on major pullback.
Lots of Honduran coffee today.
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johnpaulca
12,036 posts
msg #131305
- Ignore johnpaulca |
9/19/2016 1:52:59 PM
Hey Souvlaki told you not to give up on TVIX...market is going lower, but not in a straight line, screw the coffee have a Molson Canadian.
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gmg733
788 posts
msg #131313
- Ignore gmg733 |
9/19/2016 6:32:57 PM
Speaking of coffee check out /kc. Made good money in coffee futures this year swing trading it. Swing trades very well.
I must admit, I love futures trading. Lower taxes. Good leverage and outside of oil they trade well technically. The only bitch is the roll. Gotta keep and eye out for that.
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shillllihs
6,093 posts
msg #131344
- Ignore shillllihs |
9/21/2016 1:38:07 AM
Just thinking out loud:
Bear spikes always happen covertly. They wouldn't tank it when you think
they would on a rate hike.
Could this run up big till eod. on the 21st. then reverse?
Do they always go 1 direction before a big meeting then reverse?
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pthomas215
1,251 posts
msg #131350
- Ignore pthomas215 |
9/21/2016 9:58:02 AM
I think so. Either Monday or Tuesday is going to be really bad. yellen isnt doing anything of significance today. one of the hedge fund guys picked Monday as a market diversion date. I think Tuesday could be bad for a different reason. If Trump looks really presidential in the debate, which I would argue he will because with only 2 people he gets more air time, the markets will react tuesday.
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shillllihs
6,093 posts
msg #131360
- Ignore shillllihs |
9/21/2016 2:05:03 PM
Finished my buying yesterday on Xiv 34.36. not worried about dip.
May be a dip but I believe Xiv over next couple years goes over 100.
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c1916
77 posts
msg #131361
- Ignore c1916
modified |
9/21/2016 2:12:06 PM
If you're convinced that Monday or Tuesday will be really bad, why buy XIV yesterday? Why not wait until your concerns shake out early next week? XIV is unlikely to move decisively in the next four trading days. And, if you're right, you have a chance to buy into XIV at a much lower point.
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shillllihs
6,093 posts
msg #131362
- Ignore shillllihs |
9/21/2016 3:02:10 PM
Pt and I are 2 different people. Were you asking him or me?
Xiv 36.40
To answer your question, that's why I didn't sell.
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Kevin_in_GA
4,599 posts
msg #131363
- Ignore Kevin_in_GA |
9/21/2016 3:11:56 PM
The XIV trade was almost telegraphed based on the low probability of the FOMC announcing a rate increase. Easy money, but don't overstay your welcome.
Whether or not XIV hits 100 within any guessed time frame is really not relevant unless you plan to hold until that happens. Is that your plan?
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