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Post by theMist on Feb 17, 2017 11:20:10 GMT -5
If we had a little better cost avg -- this wouldn't be a bad spot to take some off. IMO
I'm still holding out to make a gain
VXX 17.83
I went from a losing day to a winning day and now flat
That's ok
I still like my position
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Post by theMist on Feb 17, 2017 11:26:17 GMT -5
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Post by theMist on Feb 17, 2017 11:29:19 GMT -5
I'm going to lighten up if VXX hits 17.82 again BUT depends on how I see it get there.
VXX was starting to break below that rising support and then pulled right back into it.
S&P is flirting with a potential small drop which can make SCAMs pop a little. NOTHING TO BE REALLY CONCERNED AND NERVOUS ABOUT. Just trying to squeeze out a gain today.
VXX 17.88
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Post by theMist on Feb 17, 2017 11:33:35 GMT -5
Need SCAMs to drop down hard VXX 17.83 still holding 20k short VXX Let's see if VXX finally breaks below that rising support. VXX still counter-trending back up and hugging it so far jpg images
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Post by theMist on Feb 17, 2017 11:34:26 GMT -5
Trump on TV again in about 45 mins to an hour -- from Boeing plant
Everyday! Everyday! Everyday!
Without fail! lol
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Post by theMist on Feb 17, 2017 11:40:26 GMT -5
VXX getting close to an inflection point Need that descending resistance off of 18.40 (green arrow) to push back down on VXX VXX 17.84 image hosting 12mb
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Post by theMist on Feb 17, 2017 11:42:18 GMT -5
Nice! Nice! Nice little move below rising support!! Just needs to stay there! VXX 17.78
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Post by walnut on Feb 17, 2017 11:42:50 GMT -5
I had a buy to cover in at 17.79. it dropped like a rock and hit it. Really did not want out and didn't realize I had sent that order. Oh well maybe that was a gift.
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Post by theMist on Feb 17, 2017 11:46:02 GMT -5
I had a buy to cover in at 17.79. it dropped like a rock and hit it. Really did not want out and didn't realize I had sent that order. Oh well maybe that was a gift. VXX should ('should') drop lower now. Still making lower highs off of that 18.40 descending resistance. A break of today's HOD and 18.05 would have made me a little nervous But at least you made a small profit. It's definitely been tough lately. Good thing we've already made a lot of $$ for some time now. That's what keeps me in there with high risk tolerance. I'm back up a little again with VXX at 17.78
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Post by walnut on Feb 17, 2017 11:48:51 GMT -5
I have to go to work is my trouble, just can't hang with it today
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Post by theMist on Feb 17, 2017 11:50:26 GMT -5
I have to go to work is my trouble, just can't hang with it today I gotchya and don't blame you I would feel more confident leaving a position on and not babysitting all day if SCAMs were back in a death spiral like the other day. On the VXX death spiral day -- I trusted my instincts and read of the charts (for the rest of the day) to let a large VXX short position on even after I left and watched from phone WITHOUT having access to charts. But obviously today is much more different.
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Post by theMist on Feb 17, 2017 11:53:07 GMT -5
I had a buy to cover in at 17.79. it dropped like a rock and hit it. Really did not want out and didn't realize I had sent that order. Oh well maybe that was a gift. Always drops after we cover. lol VXX 17.75
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Post by theMist on Feb 17, 2017 11:56:29 GMT -5
Trump is also on later - so you know how that goes
On a more positive note -- my IB just got funded
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Post by walnut on Feb 17, 2017 11:58:04 GMT -5
I'd re-sell because I have a feeling that the scams are dropping today but I need my price haha
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Post by theMist on Feb 17, 2017 11:59:17 GMT -5
I'd re-sell because I have a feeling that the scams are dropping today but I need my price haha Looks like they just needed to hug that rising support and counter trend back up before rolling over again Well, at least we know TA works on VXX. lmao
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Post by walnut on Feb 17, 2017 11:59:23 GMT -5
That SPX is very neutral right now
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Post by walnut on Feb 17, 2017 12:00:07 GMT -5
I'm not chasing today
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Post by theMist on Feb 17, 2017 12:00:40 GMT -5
That SPX is very neutral right now Yep - has gone flat at support which is great for being short the VIX SCAMs
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Post by theMist on Feb 17, 2017 12:01:19 GMT -5
That's okay -- You'll chase Monday when they're lower using market orders. lmao just kidding! just kidding!
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Post by walnut on Feb 17, 2017 12:02:00 GMT -5
I would love to turn our biz over to my wife and do this full time. But I'm not sure she has enough grit to run it on her own haha
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