well, the market can drop and volatility won't get involved too much in some instances. This is a risky vehicle to hold in my opinion. I try to keep vxx as a day trade, maybe a day or two at most. However all charts are posturing a pull back fro the market so I hope you make out good.
yeah that's right. xiv is the inverse of vxx. I find that most times whenever xiv sells off, it mounts a furious come back towards end of day.
hey Ned, yeah, can't complain on a winning trade. I left a little on the table. don't know why that hurts me more than if I have a busted trade! hahaa. but yeah I have great respect for the bull over the past 8 years.... I always am expecting the drop but will never hold the bear vehicles too long. Keep track of the opposite of vxx with xiv.
yeah that does not read exactly how I thought I was typing it.... I basically was suggesting that I thought volatility was going to jump when the fed released their meeting minutes yesterday... which it did.
I think the problem is the human element..... now the market knows the fed will probably not be raising rates anytime soon.... again.
I agree the big pull back is on the way, charts are just posturing for the sell. But my trades start to fall apart as they are primarily day trades. I might lose this one, which I normally would have already sold.