Short term top call here...? Sold stonks into bear mkt rally

Discussion in 'Trading' started by KCalhoun, May 26, 2022.

  1. Nine_Ender

    Nine_Ender

    There is no libel here. There is no trolling, I've barely addressed you in months. The numbers are your own posted claims on your trading results. Based on your posts, there is an extremely high probability I have larger trading profits then you do this year. Nobody cares.
     
    Last edited: May 29, 2022
    #31     May 29, 2022
  2. Nine_Ender

    Nine_Ender

    Reported. Highly unprofessional. These threats need to stop.
     
    Last edited: May 30, 2022
    #32     May 30, 2022
  3. SammyJ

    SammyJ

    Ken since you post your trades.For 2 months post a screen shot of your trades as they happen real time blotting out your account # . You sell a service and seem to like to brag to the board . Just like when you showed $90 mil of trades . You never showed your pnl for the year which all brokers show .
     
    #33     May 30, 2022
    Roark likes this.
  4. vanzandt

    vanzandt

    Off topic (with the markets are closed):
    Hey just curious... who in your esteemed opinion was (is) the best R&R, R&B, sax player? There's a bunch in jazz, but RR/RB?
     
    #34     May 30, 2022
  5. KCalhoun

    KCalhoun

    Maceo Parker for funk, there's a couple of new guys that are really good too, like Eric Darius. Dick Parry's solo on Pink Floyd's Money was great, there's a lot
     
    Last edited: May 30, 2022
    #35     May 30, 2022
    vanzandt likes this.

  6. The following is a daily spread chart between UVXY and $VIX:

    upload_2022-5-30_18-36-0.png

    The dark line is a 63 day (Quarterly) moving average.

    While $VIX cannot be traded directly, it does have listed options. One can replicate a long position in $VIX by buying a call and selling a put of the same strike. Another nice thing about using $VIX to be long volatility over UVXY is it may be possible to gain a sense of what levels tends to attract order flow, as in potentially identifying support and resistance areas because $VIX is mean reverting, whereas UVXY’s value fades over time as long premiums decay.

    As far as market outlook is concerned, I believe both the bears and bulls have strong cases. As such, I would try to avoid “Overstaying” trades, either long or short. I’m guessing the market has completed about 75% of its present move before a correction or even reversal sets in.
     
    #36     May 30, 2022
    KCalhoun likes this.
  7. KCalhoun

    KCalhoun

    Excellent points, agree re options likely a better way to trade vix vs uvxy since contango.

    I always hold some uvxy as a bad headline news play.
     
    #37     May 30, 2022
  8. KCalhoun

    KCalhoun

    Nice to see market selling resumes as predicted
     
    #38     Jun 3, 2022