7/14/17 My sexy VIXen UVXY "mythical" trading account
I already have a blog set up for my VIX trading account. Now I will start one for UVXY as it approaches the 8.55 target area I said it would hit even whenst it was trading higher last week. How did I "know"??? :O
Probably going to be an overshoot of 8.55 actually. Now at 8.65 market.
9/13/17 EOD update: If the VIX trades to 9.50 or Les it will likely mean UVXY trades about 10% lower than the 24.83 close. I will set a limit to buy a hundo at 22.50. GTC
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uvxy&x=34&y=21&time=18&startdate=1%2F4%2F1999&enddate=9%2F13%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=5&maval=50&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Mythical trading goes with your mythical profits. Siri options go to the graveyard. Time to focus on greg's calls right joe? Asshat!
9/18/17 1:40 PM: 22.50 might not be low enuff for UVXY. So I will pull this limit buy at 22.50 for now.
How did you know. I am scratching my head for sure
It will come with the instructions on my "basic" machine that will hit Walmart shelves come Xmas. The "stripped down" version of my machine won't make you a hero. But it will definitely keep you from getting your ass shredded...and show you how to establish downside price targets...even if they are historical lows. I'm wreckin you are wishing Xmas was here already? ??? :-)
Xmas can't come quick enough lol Great work !
meep
7/18/17 update: UVXY did a 1/4 reverse split today so today's low of 32.26 actually translates to a presplit low of 8.02. SVXY did a 2/1 split. So it's high today was actually 175.0766 at its 87.5383 high. Technicals haven't changed on either however.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uvxy&x=60&y=12&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
UVXY actually put in a short term bottom today so I wouldn't be surprised to see a reflex rally higher tomorrow. "Hopefully" not too high though. :-)
Here I am short SVXY at 92.50. Wish me luck.
How about a "don't fukk it up" instead? That's always been the best approach to take with your "announced" trades. :-)