shillllihs 6,088 posts msg #134200 - Ignore shillllihs |
2/10/2017 11:55:59 AM
What are you basing your dust short on?
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T_Charp13 35 posts msg #134201 - Ignore T_Charp13 |
2/10/2017 12:03:45 PM
Same thing with other 3x leveraged ETFs like LABU and LABD?
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shillllihs 6,088 posts msg #134202 - Ignore shillllihs |
2/10/2017 12:09:34 PM
I'm down 20 bucks on the small Xiv short. Reason why I put it on is I figure if it dives, it will be quick and I can make 400 bucks low risk.
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Kevin_in_GA 4,599 posts msg #134209 - Ignore Kevin_in_GA modified |
2/10/2017 2:10:17 PM
What are you basing your dust short on?
I have a 3x short system for both DUST and NUGT. Got a new short signal for DUST last night. If you look at the price action since the open, it played out beautifully, but I was too greedy and tried to get in at $27.50. No fill.
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Kevin_in_GA 4,599 posts msg #134210 - Ignore Kevin_in_GA |
2/10/2017 2:20:54 PM
The current VIX contango level is 14% right now, with the roll yield at 8.76% with only 5 days until options expiration. the VXV contango level is at 10%, so the short term contango is higher than the medium term contango. Unless something dramatic happens to affect the markets, to short XIV now is not a smart call statistically.
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shillllihs 6,088 posts msg #134211 - Ignore shillllihs |
2/10/2017 2:38:57 PM
Ok I took the trade off, down 50 bucks.
I'm liking the intraday short skim more and more lately for some small change.
Anyone willing to share some solid filters without high risk?
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pthomas215 1,251 posts msg #134221 - Ignore pthomas215 |
2/11/2017 10:48:31 AM
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pthomas215 1,251 posts msg #134222 - Ignore pthomas215 |
2/11/2017 10:54:04 AM
shillihs, it has decent short logic in it, however you might want to use an offset of 4 or 5 days if you like. sometimes they hang around the higher RSI for a bit.
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four 5,087 posts msg #134224 - Ignore four |
2/11/2017 12:54:07 PM
PT, modified your above filter. What are your thoughts?
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pthomas215 1,251 posts msg #134225 - Ignore pthomas215 |
2/11/2017 1:17:03 PM
Thank you Four. I was responding to Shillihs comment on how he is looking to skim short sells intraday, so I posted a short filter. you lowered the RSI so I assume you were posting a long filter? I love it at a long filter !
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