"Someone Big Was Utterly Blown Out": Here's The Reason Behind Today's Unprecedented VIX Mov

trdes said:
Believing that article whether its true or not is nothing but hurtful and leading you down a useless path(if you're using it or considering using it for anything other than 100% pure entertainment).

Clearly bigger players than normal are involved here or if nothing else more serious selling is taking place from them. The market has been extremely volatile for a couple of weeks now. If you have any edge or any market understanding at all from looking at a chart, just pull up a much bigger chart than you normally trade and you will the action isn't that crazy it's just bigger time frames are active now.

I am taking appropriate actions by trading smaller, trading larger time frames and increasing my stop / profit target. Sure if you are keeping up to date with whats going on, the news / macro events / etc in this case are big enough to potentially effects ones trading (most news in most cases isn't), none the less if you're trading your chart you should be seeing more higher probability shorts than normal, even if you were completely oblivious to the news.
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Are you speaking in general ... or to me directly?
 
Ho hum ya say.

How many days, lately, have we seen a last hour substantial move from the day's low to the day's high.

Zero as far as I can tell.
 
Spooz Top 2 said:
Are you speaking in general ... or to me directly?
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Oh sorry I was mainly speaking just in general. I just saw your post about CNBC, so I quoted you so you would see the last part of my post.

I should of been more clear. I should of just made a post and than ask you separately about your CNBC comment. I was just saying I've never personally seen any value from news (outside of major events / news), nor have I seen someone be long term profitable on trading news. So, I didn't know to what degree or what you exactly meant by that comment if you wouldn't mind clarifying.

I do agree some news / events are so big that they can help you make outsized gains if you understand what's going on and trade in the direction of your edge / chart + using the news. This is certainly one of these times, but generally best to avoid trading the news and any / all successful traders I know have the same experience (maybe yours is different and this is where you can help me expand my knowledge).
 
Pekelo said:
I know. Speaking of VIX, I want an explanation for the downward spike on Tuesday at 1 pm, that was stranger, took only 15 minutes.
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Like just for entertainment purposes you mean? What good would an explanation do, even if we knew the exact reason, it would just be people back trading and telling you why it happened after the fact.
 
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