Monday, November 25, 2013

Hold short

No changes today, I will continue to hold TZA. To update from a previous post, I'm still working out some kinks with a new volatility trading method that should go live in 2014 - trading XIV, VXX, or UVXY. I've found the same rules work very well for gold miners (GDX) as well, which means I'll be dabbling in DUST/NUGT. Coincidentally, the GDX test system went long NUGT on the open today, looking for a 10% gain as a trigger to exit. In the future, the target will likely be set at 5%. Get in, get a quick 5%, get out. More later! Thanks! J
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3 comments:

  1. OldeeeNovember 25, 2013 at 3:57 PM

    That is awesome J. Thanks for the look-ahead!

    ReplyDelete
  2. AlgyrosNovember 25, 2013 at 4:25 PM

    Thanks, J. Do you care to talk in general about the innards of your volatility system?

    ReplyDelete
  3. JamesDecember 3, 2013 at 3:46 PM

    It's simple. Uses extremes in CCI and Stochastics RSI. Both period 14.

    ReplyDelete

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