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His expression was that today it is not working, that he was going to complain, that formula is not direct correlation, but indirect through a means of those formulas , NOT DIRECT. it's not broken, the vix knew it was going up,and spy down, I'm done arguing
Great job!
No problem, it's great to trade, but it's meant for just a day or 2 holds, or short whatever. The decay is dangerous, and new traders hold way to long
here some more
What does VXX track?
Ideally VXX would track the CBOE’s VIX® index—the market’s de facto volatility indicator. However since there are no investments available that directly track the VIX Barclays chose to track the next best choice: VIX futures.
Unfortunately using VIX futures introduces a host of problems. The worst is horrific value decay over time. Most days both sets of VIX futures that VXX tracks drift lower relative to the VIX—dragging down VXX’s value at the average rate of 5% per month (65% per year). This drag is called roll or contango loss.
Another problem is that the combination of VIX futures that VXX tracks does not follow the VIX index particularly well. On average VXX moves only 55% as much as the VIX index.
Most people invest in VXX as a contrarian investment, expecting it to go up when the equities market goes down. It does a respectable job with the VXX averaging percentage moves -2.94 times the S&P 500, but 16% of the time VXX has moved in the same direction as the S&P 500. The distribution is shown below
VIX is a trademarked ticker symbol for the CBOE Volatility Index, a popular measure of the implied volatility of S&P 500 index options; the VIX is calculated by the Chicago Board Options Exchange (CBOE). Often referred to as the fear index or the fear gauge, the VIX represents one measure of the market's expectation of stock market volatility over the next 30-day period.
lol, THe $VXX is directly correlated to the VIX volatility index, not the s & p , wow , fucking googled it, buyers can induce moves in the VIX and not the spy at the same time!
Why? The Vix is independent of the other indexes, what's your complaint?
ok, a tip, stop worrying about manipulation and focus on the chart, there is a way to see when its time and when its not.
Well, i would say you need work on when to enter and exit.. ;)
And IMO the 5 min on wti is a wedge up and will dip before resuming the daily charts bounce
Ask yourself if your being emotional, are those emotions making think it's necessary to purchase premarket?
I wouldn't sell them now, you still have the moving average s barreling down, death cross on the spy still to come. Hold them puts
Lol
2:1 right?
Ditto
204??
If I may, never trust a overnight futures move that doesn't have any volume. Might work better then 192 support
Hedge however you like. Not my cup tee
Right through "support" lol
seems to not be holding anything , over , under, over, under, doesnt compute to me, but hey
It was a question to subdue your emotions in this game, you sir used profanity
Why don't you wait to see what happens instead of screaming the first micro tick off support,
Dead cat bounce?
That's the new range, as such, it just the traders driving, and when the moving averages catch up, I.e. the death cross approaching
Spy broke under WITH volume, just letting this awesome board know!
This is wonderful
Usually announced after 15 days under 1.00
Don't fight the trend, could go lower, wait till it picks a direction
Yea, so you think that gives it fuel for a 150% move, ,.....think about it,
The volume is not that impressive
Volume count?
I can buy it too if I felt compelled to
It's prob somebody messing around or a broker that messed up his book by 2 shares
, it will force buying or selling within the sector. If they are.good it will boost buying in anticipation
I'm in doubt
Increasing volume represents increasing interest. Need sector to participate
I just purchased with Schwab...
No, risky. Best to wait for some sort of pattern