Misinformation about Volatility versus VelocityAmazon.com, Inc.BATS:AMZNMarthaStokesCMT-TechniTraderThere is a plethora of misinformation on the internet about the VIX, Implied Volatility, and how price actually behaves and WHY price behaves as it does for swing trading, option trades, and platform position trading. The VIX is based on the mean or average price of a set group of data. It is intended to predict the estimated volatility over a 30 day period. The VIX has an efficacy of a mere 20% - 25% for swing trading and other short term trading as well as Options contracts. That means the VIX is wrong the majority of the time. It is also errors greatly on the 30 day timeline as well. Today there are many new indicators that are far more reliable and more sensitive to the modern automated market that 80% of the time is controlled by Dark Pools and other professional market participant groups.