/ Published in * Trade Alert, VIX, VXX

Take some profits on the VXX Trade

I gave a gain of about 2.6% on the VIX trade from yesterday. I am taking some profits.

Set a trailing stop or trim your position:

I am taking 20% out and setting a breakeven for about 30% of the entire position.

Important levels: Yesterday’s Low Close – cutting risk if we get to those levels

 

VXX