My favorite part of this week was how TVIX went up even as the S&P500 went up. People are hedging moving into the FED's announcement tomorrow.
/smg/ stock market general
Same, senpai. Got some TVIX shares for this week.
I'm the retard telling everyone last night to buy in. Guess what I did during the tumble down today...
Going to see how correct smg predictions are
Don't lose perspective. The best you could say now is that they are no longer relentless selling volatility. Once vix starts getting over ~31-32, maybe it starts gaining some traction. It could just also just stay between 25-30 for a while. I'm not trying to change your position or anything, just telling you what I see.
Any of the following
My favorite part is how people who trade the VIX don't even understand what the VIX is.
>down 0.75% after 6 day winning streak
>spergs with 4-digit robinhood accounts act like the end of the world has come
yawn
That's right I didn't double down. I didn't triple down I quadruple downed. I went from 281 shares at 4.69. To 920 at 6.5 by buying every dip today. as it bounced down after I sold at 8 before. Had to leverage some debt, but I aint scared. (I'm a little scared but the 10 year history keeps me less scared.)
>tfw bought IVR at 7.4