The simple answer to your quest is to code your system and test it historically. Add the stop or other stop methds to see its effects. However, you will see that stops more often than not tend to deteriorate the performance of a system.
VIX "low level" is a loose definition. Low relative to what? One would argue differently if you compare IV with actual realized volatility in the current environment.
After reading Market Wizards I decided to take a look at her site. There was a free trial period so I said...what the heck...let's see how these guys trade. Long story short...I was sitting on the stock room where this guy was calling a dozen of trades like he was the fastest trader on earth...
I agree. But what are the banks doing is right?
The fact that they are delinquent does not give banks the right to simply falsify signatures and documents to force foreclosure. The issue here is that banks did not follow the law. Simple as that.
Well, check this out.
Family reclaims foreclosed house
Simi clan moves in after home sold
http://www.vcstar.com/news/2010/oct/12/simi-family-changes-locks-retakes-foreclosed/
I would also add the fact that lots of unemployed folks are currently working on the sidelines for cash jobs. In my area there are tons of union contractors collecting unemployment and performing work for cash remodeling houses.
There are several shorts that have been triggered way in advance of this SPY "shooting star". Look at real estate and financials.
Also look at lagging energy plays that have been testing support and on possible verge of breakdown.
Got to do your homework if you want to succeed in this...
Oh boy! That was the gist of my comment folks!
A little money management, risk control and betting size can go a long way.
You can make money with a 35% win rate. It all comes down to a well planned system.