How AlphaShark's Keene Is Trading the VIX

Andrew Keen from Alpha Shark Trading discusses the current stock market conditions, highlighting the significant drop in stock prices and the subsequent recovery. He explains the challenges of trading in a market with little selling pressure and the role of algorithmic trading. Keen shares his strategy involving the VIX and options trading to manage risk and potential market corrections. He also touches on the influence of the Federal Reserve and the importance of risk control in trading.

What was one of the major concerns Andrew Keen mentioned that could have affected the market negatively?

• Increased consumer spending

• High corporate earnings

• A new trade deal with China

• The government shutdown

What percentage of trading did Andrew Keen attribute to algorithmic trading?

• 60-65%

• 50-55%

• 90-95%

• 70-75%

What financial instrument does Andrew Keen discuss as a way to manage market risk?

• NASDAQ

• Dow Jones Industrial Average

• VIX

• S&P 500 Index

Why does Andrew Keen find it challenging to hold the VIX long-term?

• It is not a reliable indicator

• It is too volatile

• It is tied to future prices

• It is not cash settled

What does Andrew Keen suggest is crucial for trading in volatile markets?

• Investing in real estate

• Risk control

• Ignoring market trends

• Following the crowd