/biz/ - Business & Finance

>>55037683
>how'd you learn?
A few years ago I went here:
https://papers.ssrn.com/
entered "Vix" into the search box and read every paper that seemed remotely relevant to building a trading strategy then took notes and tested a lot of stuff out until I found what seemed to work. It still seems to be working. Papers are my goto because the authors typically aren't selling anything, they're just researchers trying to find what works and doing actual research. There is no flash or sizzle, just hypotheses, data, and p-values. Beats the shit out of random youtube channels and snake oil trading gurus. There is absolute solid gold trading strategies in those papers and you will find it if you do the work to uncover it
>>55037703
I use VIX futures and there is no way to get the precise exposure I want using the ETNs since they all target a constant maturity date. Also take SVIX for example, even when it's in an uptrend where inverse exposure is being steadily added almost every day, there will be some days mixed in with a small pullback since nothing goes up in a straight line. When the pullback happens, the fund administrators have to cover some of the shorted fix contracts to start the next day at a fresh -1x leverage. I don't have to cover since I'm shorting futures contracts directly. However on up days when SVIX adds exposure, I also add exposure. I get all the upside of the compounded leverage without the volatility decay downside