Day Trading UVXY Against S&P500 | Tradingsim Video Lessons

Make sure that you only day trade UVXY when volatility is picking up in the market and when it continues to stay strongly correlated to movements in the broad markets. Low volatility will lead to headfakes galore if you are trading UVXY. In this trade example, you will learn how why it is important to keep an eye on the correlation between a broad market index such as the S&P and how to spot breaks in that correlation.
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Al Hill
Administrator
Co-Founder
Tradingsim
Al Hill is one of the co-founders of Tradingsim. He has over 18 years of day trading experience in both the U.S. and Nikkei markets. On a daily basis Al applies his deep skills in systems integration and design strategy to develop features to help retail traders become profitable. When Al is not working on Tradingsim, he can be found spending time with family and friends.
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