ISwingTrades

Building a TVIX Position

Long
ISwingTrades Updated   
NASDAQ:TVIX   None
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

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Let's print money together :)






Trade active:
Opened a position @11.94
Comment:
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.
Comment:
Still holding 2/3 , moving my stop loss to 12.7
Comment:
Took a 1/3 partial profit @16.30 , still holding the other 1/3 of my position
Trade active:
Added 2/3 at @14.60 back at a full position - my average now is 13.70
Stop/loss at break-even
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