Another day trader bites the dust

[Millionaire]

VIX below 10 = NO. Like how the fuel at your local gas pump in the USA will never see $1.00 per gallon again.

The music has the answers. Prescient!

The VIX is a relative measure, not an absolute thing.

 

[Dollardogs]

NDX going down 3000 points in a few months and then going up 6000 points in a few months is not normal.

But who knows what the new normal is going to be over the next 3 years.

Maybe the next three years are going to just as insane and volatile.

But at some point the VIX will go back 10 and the ranges will shrink, so daily moves are back to 75pts in the NDX and say 20pts in the S&P

When that will happen is anyones guess.

And then once volatility dries up, if you wanna daytrade you have to drop down to penny stocks to get enough price movement?

 

[currencylover]

Day trading involves huge risk and that’s why it's a game for risk tolerant traders only. One thing to always keep in mind is that the traders should not risk the money that they cannot afford to lose.