October the 26th 2016

Here’s what I sent to subscribers:

Greetings traders!

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 50% of your equity for this trade.

Leave 50% of the equity (25% of all the account) invested untill tomorrow open at 9.30 AM EST and close 50% of the equity (25% of all the account) at today’s close (4.00 PM EST).

Have a good trading,
Marco Simioni

Half bet size together with delayed exit helped turning a small loss into a good gain of 1,25% at the open of the day after.

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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%.

 

October the 21st 2016

Here’s what I sent to subscribers:

Greetings traders!

If VXX opens above yesterday’s low at 32,15
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).

Notes:
Yesterday VXX made a new all time low. Contrary to expectations, it doesn’t happen so often. I tried to figure out a rare pattern confirming the system short signal and I found that:
-3 closes below opens in a row
-yesterday’s high was below the low of the previous day (this happened 2 times in a row)
-today’s high is below yesterday’s high
This pattern only happened 2 times since VXX inception and both times it was a bearish intraday session for VXX.
This gives a good confirm to The Summit system signal.

Have a good trading,
Marco Simioni

This was a full down day for vix etps and I got a good gain of 2,85% as I exited a bit earlier.

 

October the 20th 2016

Below is what I sent to subscribers:

Greetings traders!

If VXX opens above yesterday’s low at 32,44
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).

October the 14th 2016

Hello traders!
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.

October the 12th 2016

Hello traders!

Entry SHORT VXX or (UVXY) at today’s markets open at 9.30 AM EST.

Stop Loss  = 20% or (30%) 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).

October the 10th 2016

Hello traders!

Finally the system comes back to trading.

Entry SHORT VXX at today’s markets open at 9.30 AM EST.

Stop Loss  = 20% from the entry price.

Take Profit = None.

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

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STUDYING THE FEAR INDEX

Have a look at how THE SUMMIT trading system has performed through the years and how it is tracked and traded here at BACKTESTING VIX.

Trading volatility ETPs can enhance portfolio diversification and be considered as an asset class by itself. But whatever you trade, VIX is the primary guide to VIX futures and ETPs behavior.

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Here are cumulative monthly percentage returns:

About 79% of months have seen positive returns. Although returns vary for different months,  I haven’t seen any clear seasonal pattern yet.

Please contact me at one of the following email addresses:

backtestingvix@hotmail.com

To understand better, below are a few trades reviews of first months trades.

MY VISITORS GLOBE – WHERE DO TRADERS COME FROM?

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