FOREX TRADING PSYCHOLOGY – (VOLATILITY INDEX ZOOM CLASS)
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What is the Volatility Index? The Volatility Index (VIX) was devised in 1993 by the Chicago Board Options Exchange (CBOE) as a means of measuring the 30-day volatility of market prices. A decade later, it was updated to measure volatility based on the S&P 500, the main index for US stocks.
The Volatility Index, which is usually dubbed the “fear index” since it gauges the expectations for asset price fluctuations for the next 30 days. More specifically, the VIX tracks the implied volatility of maturing S&P500 options.
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