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The "1% movement"... Is this when ETFs sell the front month and buy the next month? And VXX trades until 20:00 daily... So any VIX action would be reflected in real-time.

This. You can tell the "casinos" from the "gamblers" here very easily... And the "gamblers" are little more than degenerates. Providing liquidity for $$$ is an honest living... Even if society lumps you in market manipulators and retarded degens. Plus there are the Service...

What on earth are you on? Stock margin was subject to Regulations from 1930s... Until they were finally updated in the form of PM. And PM is not for "leveraging"... It allows you to build a hedged Portfolio... And gives you relief because you are largely Market Neutral... Similar to...

This 83% profit margin is sheer fantasy. But the basic point is correct... In 2012, anybody serious thinks in terms of doing VOLUME... And when you do volume it's all about your profit margin in cents/share.

You must have a tape from the NYSE in your office.

Do ya wanna be a landlord? If yes... buy some quality commercial property.

Yeah, people say this all the time. But at least 50% of lawyers are flat-out hustlers... Whose Business Model = scare the shit out of you... Then extract a sizable Retainer which you will never see again... And then on to sucking you dry as long as possible. Legal hustlers always pick...

A 20% devaluation of the Euro would work for everyone... It could be done virtually overnight... And would buy a year or two of time for everyone. The only other solution is political integration... Which would take years and elections and constitutional changes. When Airbus is...

This certainly qualifies you to post on the internet... Though I find it very hard to believe. Anyone with a post-grad Science degree... Would exhibit a much higher degree of logical thinking.

Ninjatrader can't even do basic Pairs Spreading... Only an idiot scalps a single instrument... As opposed to baskets consisting of 50 or 100 positions. The IB Spread Trader is a complete joke for stocks... And probably for everything else...

This is the glaring hole in your paranoia. There are no valuable static strategies.

This is useful for understanding VXX, etc... Download the free Excel workbook that goes back to 2004... And learn how it works... (I'm not connected to this, it's some guy from Brazil): http://investing.kuchita.com/2011/08/21/vxx-data-since-vix-futures-avilable-march-2003/

You are just saying VIX is in steep contango... The only time you see backwardation is in deep crisis with the VIX above 30 or 40... So VXX is pretty much never a good buy. If you must go long... Buy VXZ (mid term futures) or VXZ options... The contango is much more limited. If you are...

Exactly. Successful traders are usually specialized to a very narrow market niche... And on top of something like the above framework... They build custom, real-time apps with exact features they require... So, in the end, they are doing something relatively unique... And uniqueness can...

To get back to the OP "is VXX a good buy". Pros sell options for a living = sell time premium... Often at highly inflated rates... Likely because retail/public perception of future volatility... Is always too high.... Or retail/public/hedge funds are willing to overpay. Since VIX is...

Nice first post. Another way of putting this... You need to have Actual Professional EXPERTISE in trading... Especially expertise in some specific niche of trading. Buying software and books is not a substitute for human expertise... Which takes roughly 10,000 hours to develop in any...

VXX has effectively gone to zero. Any VIX ETF that has a hard-coded algorithm for positions and rolling... And many of them do... Can be reverse-calculated... All the way back to March 2004 (introduction of VIX). (just google this). VXX would have been trading at 1700 in March...

Because VIX ETFs may have inefficiencies that can be exploited... Or fairly large spreads that can be captured. If you are ** trading ** Volatility... Then you should be scalping from a well-hedged Porfolio... In which case all these ETFs can be held long term. And yes... VXX is...

Thanks, this is more actual useful technical information... Then is available on the Nanex 90s web site. Still, the idea of deploying a $5,000 tape drive... In order to warehouse 40 Terabytes/year... Strikes me as counter to everything I've learned... About data analysis and trading in...