Hi Everyone,
I've been considering a subscription to OptionVue's VXX trading system (http://www.vxxtradingsystem.com/) and was hoping that some of you might have tried it and formed an opinion. On the surface, Len Yates' underlying concept of exploiting the roll yield inherent in the VXX and XIV sounds solid and recent returns look fantastic: about 100% over the last 9 months (March to end of November, 2016). However, I've also heard rumors that these reported returns are not at all comparable to the actual returns some subscribers experienced. If anyone who's actually traded this system over a longer period of time would be willing to share some insights, I'd appreciate it tremendously.
Also, if anyone is aware of alternative long/short volatility strategies that have been doing well, I'd be curious to hear about them as well. I know that Jim Riggio is cooking up something new in this space, but until he's ready to share his approach with the CD community, I'm curious to hear if anyone has any pointers or insights.
Thanks a lot,
Daniel
I've been considering a subscription to OptionVue's VXX trading system (http://www.vxxtradingsystem.com/) and was hoping that some of you might have tried it and formed an opinion. On the surface, Len Yates' underlying concept of exploiting the roll yield inherent in the VXX and XIV sounds solid and recent returns look fantastic: about 100% over the last 9 months (March to end of November, 2016). However, I've also heard rumors that these reported returns are not at all comparable to the actual returns some subscribers experienced. If anyone who's actually traded this system over a longer period of time would be willing to share some insights, I'd appreciate it tremendously.
Also, if anyone is aware of alternative long/short volatility strategies that have been doing well, I'd be curious to hear about them as well. I know that Jim Riggio is cooking up something new in this space, but until he's ready to share his approach with the CD community, I'm curious to hear if anyone has any pointers or insights.
Thanks a lot,
Daniel