Asymmetric Investment Returns is a blog authored by Mike Shell since 2006, covering topics about asymmetric investing and trading for asymmetric risk/reward in pursuit of asymmetry.
Trend following is a directional trading strategy that uses price-based "technical" indicators to identify trends with the objective to gain exposure to the direction of the price trend, expecting the trend to continue.
Using average directional movement to determine trend direction and strength.
TailDex® is a measure of the market’s expectations for an extreme event, often called a “tail event” or a “black swan,” which is a drop of at least three standard deviations.
VXX and VIXY usually move in tandem due to their similar tracking of VIX futures, but in 2022, Barclays' suspension of new VXX issuance created an unprecedented divergence. The March 2022 event highlighted the risks of trading ETNs versus ETFs—while VIXY functioned properly throughout the year, VXX became detached from reality, trading at a significant premium before finally reverting.
Be a trend follower; always sell what shows you a loss and keep what shows you a profit.