@clevers are you sure it’s just 5% annually? The hard to borrow annual interest rate is a variable one. Currently, it’s at 7.5%. I’ve 5%, but i’ve seen it up to 13 or 14%. I suppose it changes based on supply&demand.

What’s your opinion on crooked Andrew Left? Media gives him spotlight to basically fill his pockets with money. I don’t disagree with his prediction, but how can we allow Citron to have so much influence?

Regardless of everything else going on, it sure seems like all eyes are focused on the Nunes memo… Or is it just me?

Can you can provide a simple example? @seth-golden

@seth-golden can you explain or send link or article that explains how the LOB works?

i added a short batch of vxx at 31.39 and added 20 shares of svxy at 116.94 and 30 shares at 11.70. Can’t find shares of other VOL etp’s.. VIX Futures falling hard, i hope this continues.. Needless to say, these trades take a strong stomach.

I suppose the other thing to mention, is that most that start a 10k account lose patience and try to turn that into 50k. While that sounds doable, it just simply isn’t the norm in the markets – no free money.

@seth-golden Seth, I noticed you tended to dissuade this trade with that example of capital size “at this stage of the bull cycle.” So, how are you weighting this conclusion to @ultrafeel? Imo, the time management is the issue. It’s not worth all the time spent to manage a 10k account shorting vol (unless you did a set it and forget it core…[Read more]