Just wondering, why is the VIX instrument looked on as a stock in C2 (its more a futures contract) or in best case an ETF/ETN.
I hope potential subscribers understand the risk involved and the function of the VIX. It is the sp500’s “volatility index”. And if you are holding an VIX position you have to pay a rollover fee (next months future contract fee every month) in other words —> the main trend line is going down…
Very few can trade this contract for 200-300 trades profitably (statistical significance). This is the same with forex but here you are due to pay interest rates every night (unless positioned like a carry trade, you pay spread (and more so % wise the less pips you aim for) and you are always hedging against another country (limiting the profit) it is for true a negative sum game. Here also very few are profitable past 2-300 trades.
But hey, those who are profitable with VIX and FX they can make a looooot of money so I can see why this is interesting for beginners…
But I think it’s wrong that VIX trading systems come up in “The Grid” when I look for the best stock trading systems in here. And I think many “new” to trading don’t really understand the underlying assets difficulty.
Shining Delta Capital