A day trader's advice for navigating risk and volatility
Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. There’s never been a trade that didn’t involve risk. Even Nvidia (NVDA), the next-gen AI darling that soared during the artificial intelligence boom, dropped nearly 17% on Monday after China’s DeepSeek prompted investor concerns about AI investing and the rise of more cost-efficient AI agents. In this episode of Stock in Translations, Kenny Glick, owner of HitTheBid.com, joins Yahoo Finance markets and data editor Jared Blikre and Producer Sydnee Fried to discuss risk, volatility, and reward. Glick, who makes his living trading options, is no stranger to the risks of day trading. He thrives on volatility, even though it’s inherently risky. One of his tools for navigating this risk is UVXY (UVXY), a derivative of the VIX (^VIX)—the 30-day outlook on S&P 500 volatility. “UVXY is a product that's basically built to go down, and it tries to reflect the fear of the day,” says Glick. “So as a day trader, especially for the shorters… if UVXY shows any kinds of strength, you know that the sellers are out there. And my God, if it's actually trending higher, UVXY, you know, the market's in trouble.” Glick points to the August yen carry sell-off as a prime example of UVXY volatility. During that period, UVXY skyrocketed from $20 to $60. The episode’s “word of the day” is a day trader’s best friend: the candlestick. Blikre explains that candlesticks are "charts that analyze price action." The candle’s body represents the opening and closing prices, while the wicks (also known as shadows) show the highs and lows. Glick and Blikre debate the beauty representations, referring to them as “chart art.” They marvel at the beauty and emotion charts can reveal. “When I see a long wick, I might see fear to the downside… If it's a down candle, I might see… greed to the upside. But there's a lot of emotion in these charts,” Blikre adds. Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service. This post was written by John Tejada.
