Recent content by nickolus442034

literally only book you need to read, most other info is a matter of opinion and experience.

I agree that VIX is too low at this moment, which is why I'm mostly in long term puts vs short monthly calls. Most of my accounts are in cash at this moment really. My argument is that regardless of how popular the trade gets, it's not as simple as a traditional short squeeze or mass panic to...

I don't just 'short and forget', this will lead to losses unless it's perhaps just a very small position. I have intricate knowledge of how every factor concerning the price of the etf behaves, and figure that's a necessity for anything in this business. It's a risk I'm comfortable taking...

Not necessarily, I'd need real proof to justify being worried. I'm already pretty tired of the jealousy/doubt of traders who either don't want to put the time and effort into properly learning this instrument, or are bitter that they took too much risk and got burned; of which I am neither...

It's a mental algorithm versus automated. In truth I have been exploring the idea of automation, but I couldn't feasibly trust anything except myself for trading decisions at this current moment. There may be certain things I use it for such as alerts or position size or price suggestions...

This is all my available info so far. This includes both a major loss I took at the start of the year that I can avoid happening again as well as the margin lockdown I've been dealing with for the last few months from IB on these products. I've switched to equivalent Canadian instruments with no...

Yeah, it's mathematically designed to keep doing so lol. If there's any safe bets here it's that vix futures go down over time. If you mean whether I'm prepared to deal with it when it goes up over a hundred percent I'd say either yes or I'd take losses of a minor variety depending on certain...

The option decay is ridiculous for the amount actually at risk, the fact that it is practically guaranteed to be worthless is just icing on the cake.

If you guys are doing better numbers, would you care to share? I have never seen something literally designed to go down this fast, and would have no clue how to replicate it otherwise.

https://docs.google.com/document/d/1KTOXEWs6EQFscqZ_B2Pxw1pblW-1dhIZT6_mQfu6Mf4/edit?usp=sharing Here is an algorithm i wrote. I still have to polish/extrapolate as i wrote it for someone very familiar with it as a partner of sorts. I think it is relatively straight forward though, and if...