When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Trade Alert - (XIV)- TAKE PROFITS
SELL the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) at $37.08 or best
Closing Trade
11-9-2015
Portfolio Weighting: 5%
Number of Shares = 152 shares
For a detailed description about this 1X short volatility ETN, please click the issuer?s website at http://www.velocitysharesetns.com/xiv
To learn more about the Volatility Index (VIX), please click ?Volatility Here is Peaking??
Please keep in mind these are ballpark prices at best. After the text alerts go out, prices can be all over the map. There is no telling how much the market will have moved by the time you get this email.
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The best execution can be had by placing your bid for this ET in the middle market and waiting for the market to come to you.
Here Is the Specific Trade You Need to Execute This Position:
Sell 152 shares at????.??$37.08
Net Proceeds:???????????????????$5,636.16
Profit: $5,636.16 - $5,002.32 = $633.84 or 12.67% profit in just 3 trading days.