Building a TVIX Position
Updated
What's up fellow traders
TVIX looks really interesting at these levels with current economic circumstances.
My goal is to build a long position if volatility start squeezing again to hedge part of my portfolio.
I have a risk level from 1-5 (1 is low risk , 5 is high risk)
First Trade (Risk level 1)
I have a buy order set at 12.40
Entry: 12.40
Stop/Loss : 11.75
Main target : 22.50
Like , follow and stay updated
Let's print money together :)
TVIX looks really interesting at these levels with current economic circumstances.
My goal is to build a long position if volatility start squeezing again to hedge part of my portfolio.
I have a risk level from 1-5 (1 is low risk , 5 is high risk)
First Trade (Risk level 1)
I have a buy order set at 12.40
Entry: 12.40
Stop/Loss : 11.75
Main target : 22.50
Like , follow and stay updated
Let's print money together :)
Trade active
Opened a position @11.94Comment
Took a 1/3 partial profit @12.20 on that quick pop at the open , moving my stop/loss now to break-even and holding the other 2/3 for the long term.Comment
Still holding 2/3 , moving my stop loss to 12.7Comment
Took a 1/3 partial profit @16.30 , still holding the other 1/3 of my positionTrade active
Added 2/3 at @14.60 back at a full position - my average now is 13.70Stop/loss at break-even
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