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Joined: May 8, 2015
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August 30th, 2017 at 3:10:57 AM permalink
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.

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.
Last edited by: lilredrooster on Aug 30, 2017
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