NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ at resistance, trendlinebreak + retest
TQQQ is 2x Bull QQQ, if QQQ down 20%, TQQQ will done 40%.

Short entry 27.1
Stop 28.6
Target 21, 16(=27x0.6)

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade aktif:
BuyToOpen 2023 Sep Put Ratio Spread P12(sold 2)/P24 (bought 1)
Limit 2.05

No Stop in Option, 2.05 is the hard stop, which is the max loss.
Komentar:
Correction:
TQQQ is 3x QQQ. if QQQ down 10%, TQQQ will done 30%.
Trade aktif:
BuyToOpen 2023 Sep Put Spread P13/P19 Limit 0.95 -- in the morning, 2 contracts.

BuyToOpen 2023 Sep Put Spread P14/P20 Limit 1.00 -- near market close. 1 contract
Trade aktif:
BuyToOpen 2023 Sep Put Spread P16/P22 Limit 1.02
Trade aktif:
BuyToOpen 2023 Sep Put Spread P17/P24 Limit 1.03
Trade aktif:
BuyToClose Sep P13 0.29
Trade aktif:
BuyToClose Sep P12 0.21 (2 contracts)
Trade aktif:
BuyToClose Sep P14 0.29
Trade aktif:
BuyToOpen Sep P33
BuyToClose Sep P24x2
Total cost: 1.13
Trade aktif:
BuyToOpen Sep P24/P30 1.07
Pernyataan Penyangkalan

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