I’m convinced that this is the most effective trade I’ve ever uncovered…
And my back-testing proves it.
You can trade just one symbol – VXX – and consistently make money in the stock market. Regardless of what direction the market is moving.
VXX is the symbol for the iPath Series B S&P 500 VIX Short-Term Futures ETN. Don’t let that long name confuse you… Its performance is based on volatility. An exchange-traded note (ETN) is very similar to an exchange-traded fund (ETF).
VXX is one of the most actively traded exchange-traded products in the United States.
This ETN tracks the futures on the CBOE Volatility Index, which portrays the price volatility embedded in the option prices of the S&P 500 Index for the next 30 days. But let’s not get lost in the nuances.
All you need to understand is that VXX is a fantastic way to grab quick, predictable profits from the trading frequency in the market.
The beautiful aspect of this system is that we don’t care if the market is going up or down, just that it’s volatile. And these days, I’m not too worried about a lack of volatility.
In fact, this is a great way to make a lot of money even if the market is sliding.
The only catch to this strategy is that you have to wait until the market and VXX give you a clear signal.