XIV is going to rocket tomorrow.

Quote from pistolpt:

Really I was saying this to hedge my neutral stance. My program was 1 cent away from buying XIV at the close yesterday. Instead it stayed in cash.

So if it rallied and I missed out at least I would be right somewhere :D
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although i just trade the futures...calling one of those ridiculous etn, etf's to move large on the open imo is a pure market direction trade...no special edge as they roll in/out of the vix futures pretty cleanly.
 
Quote from pistolpt:

Now that the market is closed on 11/27 I'll let you know -
BIG BIG gain in this thing tomorrow (11/28/2012). Should be a huge number at the open. Where it goes from there we will see.
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It collapsed 4.25% before bottoming and rallying to up 1%.

Did you get stopped out?
 
+2.77%

Ok, so not a HUGE gain. But I was right.

That means I can predict anything, anywhere, anytime, and everyone here should give me all their money. Period.
:eek:
 
Quote from pistolpt:

+2.77%

Ok, so not a HUGE gain. But I was right.

That means I can predict anything, anywhere, anytime, and everyone here should give me all their money. Period.
:eek:
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Quote from pistolpt:

Should be a huge number at the open. Where it goes from there we will see.
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All this thread has proven is that you're more concerned with being right than making money.
 
Nah. I just like to be 'hedged'. If I have alot of money betting the market will rally - on a investopedia game or something like that (or elitetrader) I will bet the market will crash.

Either way I win - but obviously I would be happier one way over another...

"Winning"....
 
Quote from pistolpt:

on a investopedia game or something like that
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TheMuppetShow.jpg
 
Quote from sellindexvol66:

ok, that is funny.

this board just boggles my mind on the amount of numbnuts who try to trade.
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I assume you made millions trading. Correct?
 
Quote from pistolpt:

Nah. I just like to be 'hedged'. If I have alot of money betting the market will rally - on a investopedia game or something like that (or elitetrader) I will bet the market will crash.

Either way I win - but obviously I would be happier one way over another...

"Winning"....
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Yes, I think I get it. You make an outright call -> hedge the call itself by later stating that it's a hedge -> call loses 5% immediately and it's a win, because:

- It was a hedge after all
- It rallied at the close to up 2%
 
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