Jul. 9 at 2:13 AM
$SVIX Bought this little too early near
$16, and had to buy more to bring the average down to
$14. But this didn’t rebound as strong as market. So while I’m in profit now, this was a disappointing trade in terms of amount of money and time I had allocated for this position, when that money could’ve returned a lot higher profit % with other trades.
I’ll see if I can wait for recovery to
$18, but any strong sign of market weakness, I’m bailing north of
$14 so that I don’t take any loss.
Next time, I’ll instead short
$UVXY