October the 25th 2016

Here’s what I sent to subscribers:

Greetings traders!

If VXX opens above yesterday’s low at 30,34
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.

Money Management: Use only 75% of your equity for this trade.

If at the close VXX is 5% above today’s VXX opening price, leave 66.67% of the equity invested (50% of all the account) untill tomorrow open at 9.30 AM EST, otherwise close everything out at today’s close (4.00 PM EST).

Have a good trading,
Marco Simioni

A small losing day, but reduced trade size cut the loss to 1,42% instead of 1,9%.

 

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