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Re: m$teamworkotc post# 76951

Friday, 11/18/2022 10:46:56 PM

Friday, November 18, 2022 10:46:56 PM

Post# of 92962
Here's something positive:

1. Imagine that you want to build & hold a LONG position in $VXIT.

2. Imagine that you acknowledge JK might be a CONMAN, and perma-pumpers are clearly full of shit... yet you think, "fuck it - I think $VXIT could run again regardless so Ima gonna construct a strategy to participate"

3. So you decide to trade around a core position, like many traders do.

4. How much do you think you'd be ahead if you started at the beginning of '22 using a very basic trading system, like this:

Rules:

1. When CMF(avg) > 0 or OBV > OBV(avg), place limit-buy orders.
2. Order-size determined as percent of Volume(avg) so you can get fills.
2. When filled, place limit-sell orders for HALF of that fill at a factor of ATR to reasonably expect fills on the sell piece.
3. Rinse, repeat all year.
4. By now you'd have millions of shares - money in your pocket, and avg price below current price.

$VXIT hasn't been a money loser for everyone this year, and I'm confident you can do better too.

GL.