Entry SHORT UVXY or TVIX or (VXX) at the market at today’s market open at 9.30 AM EST.
Stop Loss = 30% or (20%) from the entry price.
Take Profit = None.
If at the close VXX is 5% above today’s VXX opening price leave your equity invested untill tomorrow open at 9.30 AM EST,
otherwise close everything out at today’s close (4.00 PM EST).
Money Management: Use only 50% of your equity for this trade.