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TVIX needs to get lower
They say Napoleon Bonaparte avoided much more battles than he won. Napoleon was a French military leader and emperor who conquered much of Europe in the early 19th century. He was very picky about the place and time. In many cases he would wake up with a gut feeling it’s the wrong day and he would order to move his army away from a battlefield…
I start micro counting TVIX to nail the bottom of that wave ( iii ) down. We need to get the waves b up and c down to a lower low.
It does not take much time and efforts to load up on puts or TVIX. But then you can watch day after day how that investment loses value every day and then you ask yourself why I bought it before I got a completed structure? I asked myself that question many times. And the answer is painful. Normally my only conclusion was that it was a stupid spontaneous decision.
I want to be as picky as Napoleon Bonaparte. I will short at the right time and in the right place! Stay tuned!