Aug. 6 at 8:36 AM
$UVIX As mentioned yesterday, I bought at 17.45 in the premarket, lowering my overall average from 19.31 to 18.83. This secured the average within the D-EMA20/18.89 range.
Regardless of UVIX's pullback, we will maintain the average stock price within the D-EMA20 line. This will at least reduce the possibility of losses. Today's sell order is a bit crazy, targeting 22.82, a 20% increase from yesterday's high of 18.74. Conversely, the buy order is targeted at 16.86-15.86. Anyway, the point is that my UVIX average has steadily declined from 22.64 initially to 18.83. And although it's not much, I've been buying and selling for 10 trading days, so my losses haven't been significant yet. Also, since I realized my profits from
$SVIX and exchanged it for UVIX, it is a gamble, but it is not a big burden.