Hello, if you have been watching the recent market action, you would have noted that volatility has spiked tremendously due to the election hype especially because Clinton and Trump are neck-to-neck in the polls. This heightened volatility will be with us for the next couple of days at the very least.
If Trump wins, volatility may spike even higher than current levels. Also, the anticipation of a rate hike will keep volatility up. Now, let's get with the game plan. It is time to start shorting VXX. Yes, I know it may be scary at this time, but it's time to get started.
Now, don't go all in at once. Take baby steps. This first short should be your smallest in terms of the number of shares to short VXX. Essentially, you are building your pyramid starting from the top. The base of the pyramid gets bigger and bigger. So, should the number of shares short as VXX continues to pop higher.
Since we can guarantee that the volatility will end sooner or later, we can build our pyramid and in the long-term, you will be very happy. You can thank me later.
So, just to be clear, if you have $10K to invest, start off with shorting VXX with 5% of your total funds. Then, if volatility spikes even higher, short 10% next time, etc. If you know how to read charts, your entry points will be more effective. Even if you aren't an avid chart reader, you will still come out ahead in the long-term.
So, what are you waiting for? If you like money, I'm giving it to you for free. Believe it or not, I am. Use monopoloy money if you don't believe my strategy. You will still come out on top.
Go on a vacation with your profits and then write all about it. That's all I ask. Have fun!