does anybody trade VXX discreationary or systematic.
I know the Long tail Risk of shorting that, but could not a small part of the port (lets say) 5%-10% cost averaged (lets say 1% per month) not be a nice small side bet strategy?
I am Kind of pussled why there is absolutly no hype in shorting that Thing, it looses consitently (explainable through its structure of beeing long vola) and has some
hick ups in between, yes 100% rallies, but if ballanced with very strict money management?
Opinions please, thank you!
Best Regards
Andreas