Grabbed TQQQ at the end of the day because of how hard the markets sold off today. I'm still bearish overall, but I think we need a bounce (or at least shorts taking profit tomorrow [Friday]), so I'm long for right now. I don't expect this to be a long term trade. Also, I will look to grab SQQQ when the opportunity presents itself.
Note: I measured the stop at 1% on QQQ (so a nice type 2, giving it a little bit of room to be dumb overnight) and then translated that to 3% on TQQQ.
TQQQ ended up tagging me out in the morning then running away.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-08-17 15:11:44 | TQQQ | buy | $36.610 | long |
2023-08-18 10:17:29 | TQQQ | sell | $35.370 | 0 |
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