i_rookie

Invest Rookie Joined Mar 28, 2012

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    gigaom
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    TraderFlorida
    Full Time Day / Swing Trader 20+ years
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    mxvxx
    CDR means: Contango Decay Rate. 1st number after 'CDR' is difference between VIX Futures for 2nd month out less the 1st month. 2nd number is the % decay roughly applied to the VXX note price. Rate is per-month. BR means: Backwardation Rate
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