jongo, quite simply, as we are entering a volatile market period shorting the VIX via etfs to profit from the contango effect seems a little too aggressive.
My ability to trade VIX etfs is limited by IG Markets and I won't use GFT due to it's limitations. Actually that does trim my rather exuberant trading wings.
Also Force Majeure can trade real time and will have access to sophisticated trading platforms and backup not available here. But then again if you have deep pockets and a flexible trading plan it might be worth a go however we are entering a period where whipsaw type market movements will take money from contrarian traders in the blink of an eye.
Even bond etfs aren't worth holding onto for extended periods but for me that's something I'll have to face when I'm in the money, bigtime.
Being in WA gives you the added advantage of late evening US trading whereby Queenslanders have either a very late evening (11:30 pm) or an early morning.
Try making a life or death trading decision at 3 am.
