shillllihs
6,088 posts
msg #134134
- Ignore shillllihs |
2/8/2017 3:56:44 PM
I'm holding this till it hits 16-19. Just being positive.
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shillllihs
6,088 posts
msg #134140
- Ignore shillllihs |
2/9/2017 4:47:32 AM
Question for Kevin.
If I'm understanding your method, June 23 2016 would have you long Xiv since it went over 5, but on June 24-27 you would have entered or stayed out of market until it went above 5 again. You would have taken a 33% hit.
You're ok with that?
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shillllihs
6,088 posts
msg #134141
- Ignore shillllihs |
2/9/2017 9:04:33 AM
Doubled down on JDST 12.45
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Kevin_in_GA
4,599 posts
msg #134142
- Ignore Kevin_in_GA |
2/9/2017 9:28:17 AM
If I'm understanding your method, June 23 2016 would have you long Xiv since it went over 5, but on June 24-27 you would have entered or stayed out of market until it went above 5 again. You would have taken a 33% hit.
You're ok with that?
If you read what I wrote, I also look for a second confirmatory signal, specifically that the front month (F2/F1) contango be above the midterm (F7/F4) contango - you can see on vixcentral.com that this does not occur until 6/30. So I would have been out at the close on 6/10 (XIV price at $29.59) and not re-entered until the close on 6/30 (XIV price at $25.94).
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pthomas215
1,251 posts
msg #134148
- Ignore pthomas215 |
2/9/2017 10:02:41 AM
shillihs, in my study on gold, it appears GLD will resist at 120. im gonna wait to double down on jdst. however you have more patience than I !!
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kibo
14 posts
msg #134158
- Ignore kibo |
2/9/2017 10:37:23 AM
@Kevin just wanted to thank you, as you are doing exceptionally well on your short thread you have. I have been following your pattern. I happen to use a filter with very similar output as yours but was afraid to trade and when I see your postings, I get confidence. This last one shorting NUGT was tough I got signal few days ago and waited to short higher.
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Kevin_in_GA
4,599 posts
msg #134160
- Ignore Kevin_in_GA |
2/9/2017 11:05:52 AM
Well, the recent NUGT trade was not driven by my filters, but was discretionary on my part. I did get a short NUGT signal last night (which today worked out beautifully). I am still working on better discipline in my trading, as I should really stick to my tested systems more religiously.
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shillllihs
6,088 posts
msg #134161
- Ignore shillllihs |
2/9/2017 11:33:14 AM
I have more patience than you? What a joke. When it comes to life and other investments I'm very cautious, but I have little patience in the market.
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pthomas215
1,251 posts
msg #134162
- Ignore pthomas215 |
2/9/2017 11:46:51 AM
ha well, I have seen you keep DUST for a 4 day swing. I get out way too fast. most of the time I get out the same day but had original intent to keep it a week.
Separate note--have you found a VIX system you like that takes in consideration contango and backwardation? I'm testing one right now.
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shillllihs
6,088 posts
msg #134168
- Ignore shillllihs |
2/9/2017 1:31:55 PM
I don't think the contango system that Kevin had is complete on its own. You give a lot back on entry and the back end.
But I can see using it in conjunction wit other indicators. But it's not bad. I don't have my own system.
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