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iPath S&P 500 VIX ST Futures ETN Message Board

  • goodoptday goodoptday Oct 16, 2013 5:09 PM Flag

    VXX 10/16/13

    No VXX trade, VXX plunged without waiting for me.

    Shorted SNDK shares.
    Sold FB ITM Oct calls.

    Somehow account some plus.
    Left cave hotel in Cappadocia which was converted from cave home in fairy chimney to a hotel room and
    moved to Pamukkale using over-night bus. Couldn't sleep well in the bus as seat was quite uncomfortable, but not much of other transportation choice between the two cities. Pamukkale is famous for travertines, terraces of carbonate minerals left by the flowing water from hot springs. Enjoyed walking on travertines on bare foot and various shapes of travertines. Tried fish massage where garra rufa fish eats dead tissue from foot skin, and enjoyed nap on travertine in the shadow of tree with mud pack on face.
    It is festival period in Turkey now, and many sacrifice sheep. Pamukkale's hotel owner sacrificed a sheep today, and kindly invited us to join their feast when we were passing by. The owner offered us salads, pomegranate juice (which is popular in Turkey), lamb meat, lamb rib, liver and one of its testicles!!! I enjoyed the meal very much and enjoyed their hospitality.

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    • Huh? How does everyone here make bad trades but their account still goes up? Wes and Matt said they went long JCP and somehow they also are making money?!

      • 2 Replies to r8h234rs
      • r8h234rs, if you are referring to "Somehow account some plus.'. I guess I was plus on WED because I had a large number of VXX shares short as VXX plunged more than my shorts went up. It was good to be plus on S&P 20+ up day.
        On THU, I was plus again on 10+ up day thanks to VXX, David Einhorn and most importantly as I hold even larger number of USO short than VXX. In fact, my account was all time high this day.
        Today FRI, I am minus as my market shorts up, VXX not down much, USO a little bit up.

        I am not sure about Wes and Matt, but for me account is up after bad trade if one makes bigger or more good trades. For example, I lost with small SNDK short on earnings but I gained much more with larger GMCR short.
        Good luck trading!

      • Mine is also part of short SHLD (which is down over 10% from the 62.12 I started at.) I'm about 7-8% down on the JCP from 7.95. Net I'm up, but barely.

 
VXX
37.11+0.12(+0.32%)Aug 26 4:00 PMEDT