About meIndividual swingtrader utilizing novel setups to trade profitable in the QE age. I get in early and take profits into obvious crowd driven moves. Jump on if a realistic wealth building approach with focus on risk management is what you are looking for. -
Joined 11 months ago
Golds does what gold does during a major market decline. Namely it rises. If yesterday was just a sucker rally this could bounce hard along with gold. This related to my UVXY idea from last friday and the action of leading big stocks.
I don't believe that the market is a FED puppet and it might just prove that soon.
If this market decline continous we have to ask the question if it will widen to a meaningful correction or not. In my other post I made a case for a long UVXY play. Question is how do you know when to take profits on any long UVXY trade? Actually this is simple and doesn't involve watching Price&Volume of UVXY. ...
I see an epic opportunity arising in VIX related products like UVXY and TVIX and would like to share my opinion on this.
As most are aware, articles are popping up left and right saying that shorting the UVXY is a 100% risk-free long term investment . Some go further and label the VIX short as the trade of the ...