@austinc93
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austin campbell posted an update 6 years, 6 months ago
I keep hearing know what you own on stock forums. I figure that is why i took my $6000 loss in tvix and sold tuesday is cause i did not stay true to my thought of the g-7 meeting and was trading on another thrown around term hopeium. I was hoping for a spike in volatility out of the random instead of waiting for a more possible time for…[Read more]
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austin campbell posted an update 6 years, 6 months ago
Just a learning trader trying to crawl out of a $6000 loss. Feeling motivated
@austinc93 Here’s my thoughts and possible teachings on the subject to consider: TVIX, UVXY, VXX and other VIX-ETPs are constructed with a correlation to the primary S&P 500 (SPX) options market such that OVER TIME, they will decay in price value. It’s not a hunch, it’s not a possibility, it is an inevitability. One can offer any given and many…[Read more]