Long
Building a TVIX Position
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 @11.94Note
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.Note
Still holding 2/3 , moving my stop loss to 12.7Note
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.