Buy the dip based on a normalized VIX over the last 252 days range. This isn't the strategy described in the article. But a simple version of BTFD.
If anyone is intrested on how Larry turned $10,000 to $1,137,600 (11,376%) in 12-month in the year of our lord 1987 and won the Robbins Trading contest. The breakout strategy he used starts at 45 minutes mark. He used multiple accounts with multiple strategies and the breakout strategy worked out for him. Over all he lost millions that year with the other strategies.
James stock strategy is short term trend following on multiple time frames. He had not a single loss week in entire 2024 year. He is doing around $350k each year and he is super consistent. If you ever need a good discretionary trader (and strategy) to follow check him out. He is also a former entrepreneur before he started to trade fulltime. One of the best I know on youtube, he seems to be legit and real.
This is sound logic. I've probably used this for bottom picking on the SPXL. Obviously the massive VIX spike during 2008-2009 you would have been waiting for Godot.