Recently I have noticed that many CFD and spread betting providers (I wont mention which ones but they are easy to find with a quick google search) are letting users "trade" the CBOE Volatility Index (VIX). I thought this was unusual as the VIX is not a purchasable asset; it is a measure of implied volatility (both long and short) on the S&P500 calculated through a formula using the price of S&P options. As far as I know the VIX has never been directly tradeable until now, VIX related products like ETFs which attempt to follow the VIX has been available for nearly two decades however they suffer greatly from slippage which makes them difficult to trade. I am astonished that we are now, for the first time, able to bet on the result of a formula. I think that CFD and spread betting providers have made a mistake, they were probably just looking to add more tradable products and didn't think through fully that the VIX is not like any of their other products, and is much easier to profit from when using a quantitative strategy. This strategy works live on 4H and daily charts and achieves absolutely ridiculous results. I set it to start with $100 initial capital, and over the course of 300 trades it made $28150793882 profit due to compounding profits. This is a profit factor of 34552299.163. I don't expect to earn this much profit myself as I am sure that CFD and spread betting providers will eventually realize that it was a mistake to let traders have positions betting on the outcome of a formula, and eventually stop allowing VIX trades to be placed. I am currently trading using this algorithm, and will maybe let others use this script eventually after I've had my fun. So follow me :)
I am new but would like to thank you for sharing this. If you ever want to pass the torch to someone who will pass it on further. Im your guy. I've come from the bottom, self educated myself and fought to be where I am today. I've been trading for 6 months and studying for a year. finally getting it. Learned a lot. If your into astrology my birthday is april 10 1986, exact day haileys comet came closest to earth in history. I was born. I created an ecommerce business last year with an unique idea that is ahead of its time but ran out of funds. I'm using this money i make to fund my advertising and set up an office to teach others what I know. I already have a small team ready to quit their jobs for this. I am a military veteran and proud father. I study forex, robots, charts, coorelation, hedging, divergence, order flow, moon cycles, took courses then called tech companies and to no help. I know too much and need a framework. A mentor to be honest. I have read so many books and looked up so many robot sites. like im stuck with not knowing who to trust in this industry and after reading trading in the zone i really stayed away from groups. But I do need help and I have much to offer as far as long term relationships. My father owns a plastics business and it's also going downhill due to all this technology. I need to get money to upgrade the business. I am a person who remembers those who help me. Im out searching for opportunity. when I dove into the market studying forex i studied no nonsense forex and ICT and will not stop until I get myself to where I have an automated system from my own knowlege. Flex EA is what im looking at buying as it has good reviews. id really like to buy one but have no clue what to get. My mind is all over the place and I have an office already set up at home as a war room. im very serious about this and have been. I still have my original account as well. Im ready to make some friends and contribute where I can. Thank you again and I hope you have a wonderful trading week.
jacobit
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Let's see this script... Seems to be a Bollinger or high/low moving average trigger. Give us hints...?
arman555
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Hello, are you selling the script also?
UnknownUnicorn8866939
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Hey! It would be nice to see the script, although I understand if you do not release it.
JamesRkaye
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@parsh3035, Hi thanks for the interest. As far as I know all the spread betting/CFD platforms have stopped offering spot VIX unless the fees are a function of the distance between the VIX futures, so that eats up all of the profit. As I mentioned they would do in the description they noticed their mistake so it's not useful any more
UnknownUnicorn8866939
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@JamesRkaye, Hi! I see. I just wanted to see the process in the script to learn from it. I knew those figures were likely not realistic. Thanks for your explanation!