i thought you guys might enjoy reading this story about a guy who has made big bucks day trading the last 5 years by shorting the volatility indexes
i know many criticize the new york times, but to me, their publication of this story gives it credibility that i would not assume for example if it was published by forbes.
i'm not recommending this by any means
but it was a very interesting read
his linked twitter feed shows his trades. i'm not sure how quickly he posts them after trading. i doubt very quickly.https://www.nytimes.com/2017/08/28/business/dealbook/vix-trading.htmlhttps://twitter.com/SethCL?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
interesting to look at the 5 day chart of tvix from yahoo finance. every time it spikes up it comes down. pretty much the same for longer time periods. of course, if there is a very serious event causing world turmoil it won't come down quickly and those short could lose bundles.https://finance.yahoo.com/quote/TVIX/
Last edited by: lilredrooster on Aug 30, 2017
Of course what I'm saying is true.
I saw it ON THE INTERNET.