Too Much Theory, Not Enough Trading

Over the past few weeks the market sold off about 10%.

The reasons for the sell off can be discussed as well as a discussion about how relativent in the old volitility index: VIX.

A few days ago I read someone claiming the new dogma:

"The vix is no longer relavent since 0dte options trading."

I read that a few years ago as well.

If that was true a few years ago it would make sense that the VIX would be even less relivant today with the use 0dte options only continuing to expand.

Interesting that the "theory" of the VIX now being irrelevant did not impact all the profits I made durinig this 10% pull back using the VIX to open and close option positons.

I learned the hard way years ago:

Most people talk about trading waaaaaaay more than they actually trade.

Listening to people can be hazzardous to your portfolio profits.