TQQQ This volatile market is really favoring us retail investors. From yesterday’s $67 leveraged short, we’ve already locked in huge profits and hit our take-profit levels. For now, we’re mostly sticking to short-term trades, while keeping a small portion of long positions untouched. Still, we can’t rule out a crazy surge anytime soon. Wishing all the bulls and bears out there good luck!
TQQQ The $67 retest target was hit, somewhat surprisingly and luckily, but we still think this rebound lacks any real technical support. We’ve doubled down on our leveraged short position today
TQQQ Triggered $63 for the 2nd time in the same day, made another 5% profit. Just trading between 60 and 63 since last Friday has already netted a total of 15% gain. Not planning on a 4th round though—this time might not be so easy. Switched to a leveraged put option. Good luck to everyone!
TQQQ Today’s $63 stop-loss got triggered again, locked in a second 5% profit, not bad! We’re back in at around $60. Short-term leveraged trading in this market is honestly pretty fun
TQQQ As mentioned last time about pushing up the take-profit, after the $63 stop-loss was triggered and we exited, we’re now re-entering the position. Our predicted rebound profit target remains unchanged at $67
TQQQ Looking at historical patterns, before a bigger drop happens, the odds of TQQQ retesting the $67 level this month seem pretty high. Today, we’re planning to take the profits from our leveraged short options and roll them into this bet, it’s a risky move, but the potential payoff looks worth it. Just sharing thoughts here, not offering any investment advice