XIV is going to rocket tomorrow.

although i just trade the futures...calling one of those ridiculous etn, etf's to move large on the open imo is a pure market direction trade...no special edge as they roll in/out of the vix futures pretty cleanly.

 

It collapsed 4.25% before bottoming and rallying to up 1%.

Did you get stopped out?

 

+2.77%

Ok, so not a HUGE gain. But I was right.

That means I can predict anything, anywhere, anytime, and everyone here should give me all their money. Period.
:eek:

 

All this thread has proven is that you're more concerned with being right than making money.

 

Nah. I just like to be 'hedged'. If I have alot of money betting the market will rally - on a investopedia game or something like that (or elitetrader) I will bet the market will crash.

Either way I win - but obviously I would be happier one way over another...

"Winning"....

 

ok, that is funny.

this board just boggles my mind on the amount of numbnuts who try to trade.

 

I assume you made millions trading. Correct?

 

Yes, I think I get it. You make an outright call -> hedge the call itself by later stating that it's a hedge -> call loses 5% immediately and it's a win, because:

- It was a hedge after all
- It rallied at the close to up 2%

 

Um, yeah. He did.