Being Brave when others are fearful. VIX near all-time high

Continuation of my previous VIX idea. RSI just crossed 70 and Volumes show that Long Volatility is a crowded trade. I will open the position with the 50% of my idle cash so NOT All-in but not a small bet. I am sure traders can find better/higher prices, but i just don't want to lose this opportunity. SL @97.13, TP@19.28, Risk/Reward 2 as usual.
IMPORTANT NOTE: DO NOT OPEN A MARGIN POSITION with this trade or in this environment, we are in a thin liquidity market. You want to provide liquitidy for margin callers, not demand it for your margin call.

Trade stängt manuellt:

Closed @43.17 . We are beyond our horizon 1 Month and there are great Opportunities ahead. This trade produced +39.4% profit. Combined with the previous VIX idea that closed with a loss we produced +27.07% profit on a lump sum basis. Doubling Down saved the trade!!!

The important point, always have a backup plan when stuff hits the fan.
Risk Management is 60% of a successful trade.