ProShares Trust Ultra VIX Short Term Futures ETFArca
Description
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I'm still holding from my original pos. adding a little every time below 13, once below 12: the 'load zone' enters phase 2 hahahah meaning each entry will be about 25% bigger than previous anytime (if we can get lucky enough) uvxy enters a sub 10$ range: phase 3 commences and I'm basically loading everything i own into a basket of long vol, some fixed equity (still think negative rates coming soon), and some hand picked div yielding consumer defensive stocks I'm just liquidating some profits from the dip buys a week or two back to fund long vol pos right now once again in no hurry to exit long positions until confirmation of a downtrend I could see spy going to 372 380ish easy by EOY china's new deal is NOT bullish for U.S. equities long run however.. not even a little bit Once 'everyone' stops talking about an election, and 'everyone' starts talking about the U.S. economy again: I'm almost certain that'll be when a long term secular trend will be put in I'm officially a black swan trader.... GL!
slow and steady will win this race
once it pops its a couple weeks of smooooothhhh sailing
im ready to trade this thesis for 2 years
which is exactly why im in no hurry to exit my longs just yet
we could have a similar pattern from 2018 -2020 from here on out
however- the more times the markets run up and make new ATH's,
the quicker I think 'it' happens
horacejunior
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enter phase 2, extreme greed, historic call to put ratio -- are you ready?
What does your model show for this breaking back into the 20S ?
UnknownUnicorn7567260
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@Melvin0 this are just my personal preferences on indicators my man! I’m working on a few pine script models right now but just started learning this stuff so I’m not even close to confident yet on the accuracy, I think 20’s is not out of the question short term though (in my own opinion) I’m just starting to load while volatility is near lows and not really looking to sell unless I’m at least up 100% on this position though... and even then I would still hold on into a good size regardless; sorry I couldn’t answer ur question but I hope that helped somewhat!
once it pops its a couple weeks of smooooothhhh sailing
im ready to trade this thesis for 2 years
which is exactly why im in no hurry to exit my longs just yet
we could have a similar pattern from 2018 -2020 from here on out
however- the more times the markets run up and make new ATH's,
the quicker I think 'it' happens