shillllihs 6,088 posts msg #135079 - Ignore shillllihs |
3/23/2017 11:17:10 AM
Doing the little things that matter, that's what Shills is all about.
And also why Shills is ranked No.3 in Illinois in Sit N Go poker tournaments.
Be like Shills, you can do it!
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pthomas215 1,251 posts msg #135082 - Ignore pthomas215 |
3/23/2017 2:18:45 PM
chicago shillihs, are you seeing UVXY heat up a bit? I saw it today in an uncommon filter.
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shillllihs 6,088 posts msg #135083 - Ignore shillllihs |
3/23/2017 2:38:28 PM
I've seen Uvxy pop on 3 filters but you know how filters can be. They are right 60-90% of the time so that means they are wrong 10-40% of the time. Money management is more important than filter results.
I'm mostly chilling, either I wait for a big dip in Xiv or I miss most of the run which would be ok since another ship will always come in.
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shillllihs 6,088 posts msg #135084 - Ignore shillllihs modified |
3/23/2017 2:50:30 PM
PT,
One strategy for Xiv would be buy 25% off a bounce off of the ACC(20)
Then let it ride if it goes up, if not, wait till price hits Weekly ma21, then buy the remaining 75%.
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pthomas215 1,251 posts msg #135085 - Ignore pthomas215 |
3/23/2017 2:51:08 PM
exactly. chill, have a cigar. use the bidet.
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c1916 77 posts msg #135086 - Ignore c1916 |
3/23/2017 3:24:15 PM
If you wait for the acceleration band to be breached for a bounce, you're never going to be in. The last time it got there was October.
To each their own, of course, but I see the midpoint of the band to be more of a signal.
FWIW, I added to my position at 68.99 about 10 minutes ago.
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shillllihs 6,088 posts msg #135087 - Ignore shillllihs |
3/23/2017 3:39:39 PM
Yes of course, but I'm suggesting having some skin in the game at the midpoint, and adding if an event that looks like it's long over due occurs. It all depends on your objective. If you you are looking to make bigger money and risk losing more, go all in at midpoint, if the market is more of a hobby and or safety and preservation is more important to you, I would divide it up. I'm just saying there will be some unhappy campers if you went all in and it dropped 30%
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shillllihs 6,088 posts msg #135088 - Ignore shillllihs |
3/23/2017 3:51:01 PM
Just want to add that nailing a long play like Xiv, is 8 times easier than riding an inverse ETF like Tvix long.
It can be done though.
I'm a firm believer that Xiv will go over 100, so if you have patience to ride out a downturn or are willing to add to it, then be aggressive.
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shillllihs 6,088 posts msg #135101 - Ignore shillllihs |
3/24/2017 2:58:47 PM
SHORT. 1200 Sh. TVIX. 42.06
Simply the best.
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shillllihs 6,088 posts msg #135103 - Ignore shillllihs |
3/24/2017 3:02:41 PM
Adding 2400 at 44
Rock it out loud
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