shillllihs
6,090 posts
msg #129121
- Ignore shillllihs |
6/13/2016 4:24:26 PM
Actually, I meant to say the Xiv phase will be short. We'll have several weeks of TMF.
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ThaGekko
139 posts
msg #129122
- Ignore ThaGekko |
6/13/2016 4:33:45 PM
Shillllihs the weekly data can be so delayed... how are you working it when it goes up all week, then tanks Thursday/Friday triggering what looks like should have been a sale multiple days ago?
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shillllihs
6,090 posts
msg #129123
- Ignore shillllihs |
6/13/2016 4:52:55 PM
This time I took a little hit on exit but it usually is not that bad for me. I have other personal entry exit strategies. One thing you can do is start scaling out of your position. As I said before, in general
I don't use Weekly IFT(2,1).
If you would have gone long Tvix today, you would have been up 28%. Then you could
Have scaled out or switched to Vxx. My system puts me in Tmf and later kicks into Tvix but
Sometimes bypasses and jumps into Xiv. Gotta sleep it's midnight here.
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ThaGekko
139 posts
msg #129124
- Ignore ThaGekko |
6/13/2016 5:10:30 PM
I chickened out this morning. I bought VXX Calls for .57 Friday before the close. I sold them for ~.80 at the beginning of the day for ~25% gain. They are now worth $2.08 or something like that - I seriously missed the boat today because I don't trust the weekly IFT(2,1). Could've been a 258% gain today... dangit.
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ahcsim72
151 posts
msg #129125
- Ignore ahcsim72 |
6/13/2016 7:23:23 PM
TVIX is where you want to be, check the AH.. Forget TMF.. Weekly ITF? You are a week behind, missing all the super actions.
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ThaGekko
139 posts
msg #129126
- Ignore ThaGekko
modified |
6/13/2016 8:30:28 PM
TVIX is non optional. So you made 30% maximum today and I had a possibility of 258%... so where is real action at you are talking about?
******************
Also weekly IFT(2,1) would have had you in Friday during midday or at the close if you wanted confirmation. Leaving you in for todays big run, but again I chickened out because I'm not fully comfortable with my exit strategy yet.
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shillllihs
6,090 posts
msg #129127
- Ignore shillllihs
modified |
6/13/2016 10:20:32 PM
Well you're both right. You might make 300% but unlikely to put as much coin as you would
if not using options. So either way comes out about the same.
And yes Tvix will initially run more than Tmf at the start, but I think Tmf will come close or outperform
Tvix. Look for 2 months of fear, with a Xiv run mixed in early on.
Yes, IFT would have kept you in, maybe scaling out is a smart way to play. And starting with a small intitial
investment, like 10g may be the way to go to give you the ballz to go all in.
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shillllihs
6,090 posts
msg #129154
- Ignore shillllihs |
6/15/2016 12:29:26 PM
TMF
107.69 Up 1.82(1.72%) & TVIX down 5%
Let's see if Tmf catches up with the Tvix move.
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Mactheriverrat
3,172 posts
msg #129156
- Ignore Mactheriverrat
modified |
6/15/2016 2:49:37 PM
TMF up over 12% since 5-31-16
Watching pair's LABU and LABD
LABU turning up as LABD turning down.
Just saying!
But what do I know!
IMHO - I'm not crazy about weekly anything on a daily chart. Not saying it doesn't work but I'm not sold on it right now.
XIV looks to be turning up.
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shillllihs
6,090 posts
msg #129158
- Ignore shillllihs |
6/15/2016 3:31:47 PM
Thanx Mac. Your input is always appreciated.
Imo. we are going to see some fear, followed by all time highs starting around Sept.
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