The VIX Thread: Discuss using VIX for long/short bias (June 2022)

[nooby_mcnoob]

LOL
The concept is very easy. You just need multiple accounts.
Preferably 3 accounts. Since you're only
buying 1 micro on accounts #1 and #2
your micro accounts can be very small ($5000 or less)

Be aware, only 1 of the micro accounts will
end in a loss. The winning account is used
as an indicator to buy or sell on your main
mini account.

You could just... you know, watch what happens when price hits 11800.

 

[mikeriley]

You could just... you know, watch what happens when price hits 11800.

That's exactly what the majority do, and the majority FAIL.
There is something to be said for "thinking outside the box".

I can explain what I do and why it works, but until another
test the process for themselves..well.

For some inexplicable reason, people need complexity,
and fail to realize some of the most basic strategies
can be effective.

By the way, this is my most winning strategy.

 

[nooby_mcnoob]

For some inexplicable reason, people need complexity,

I'm tapping my nose right now trying to figure out which one of us is crazy.

 

[SunTrader]

That's exactly what the majority do, and the majority FAIL.
There is something to be said for "thinking outside the box".

I can explain what I do and why it works, but until another
test the process for themselves..well.

For some inexplicable reason, people need complexity,
and fail to realize some of the most basic strategies
can be effective.

By the way, this is my most winning strategy.

Ummm that is unnecessary complexity.

NQ and MNQ move almost tick for tick.

 

[nooby_mcnoob]

Ummm that is unnecessary complexity.

NQ and MNQ move almost tick for tick.

The best way I can understand what he is trying to do is put a toe in the water and double down (via NQ) on the direction that pays out.

 

[mikeriley]

The best way I can understand what he is trying to do is put a toe in the water and double down (via NQ) on the direction that pays out.

Yes, that's it for at least 30 ticks.
1 micro 30 tick loss vs 1 micro win + 2 to 3 mini 30 tick win.

 

[nooby_mcnoob]

Yes, that's it for at least 30 ticks.
1 micro 30 tick loss vs 1 micro win + 2 to 3 mini 30 tick win.

Now imagine.... You just do that with NQ.

 

[mikeriley]

Now imagine.... You just do that with NQ.

Because, that does not work...FOR ME.

From my first post on this thread..

One of my strategies for Futures, is following an instrument as an indicator.

Example: Using a micro NQ trade as an indicator/timing technique
to trade it's big brother mini NQ.

One of the reasons why I use multiple accounts.

 

[M.W.]

Stupidest thing I have ever heard. Are you retarded or was this supposed to be a joke?

Example:
1st Account: Buy 1 micro NQ at 11800
2nd Account: Sell 1 micro NQ at 11800

After price action hits 11800, you'll know
shortly whether to buy or sell on your
main account.

3rd Account for mini NQ (your main account)

With practice you'll determine best
stop loss for all accounts.

 

[mikeriley]

Stupidest thing I have ever heard. Are you retarded or was this supposed to be a joke?

My stupid strategy, used last night made me
another $2400

Your predisposition of bitterness will eventually turn to
positivity when you attain a consistent winning strategy.

You'll continue to lash out at others until you do so.

EDIT: Regardless of your attitude, I still wish you trading success.