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Algokid
Apr 12, 2012 2:00 PM

QQQ/PSQ Day trade Journal 

Invesco QQQ Trust, Series 1NASDAQ

Description

Testing a new trading strategy this morning , Using un-leverage ETF QQQ/PSQ. the trade signals are based on the correlation and ratio of the pair( more detail coming up). The two ETF are inversely correlated. I will only take long position , so either go long QQQ or PSQ ( inverse ETF)
Comments
Algokid
Long QQQ @ 62.51
Algokid
Out @ 62.40
Algokid
long QQQ @ 62.78
Algokid
selling QQQ @ 62.54 for a loss
Algokid
long PSQ@ 27.24
Algokid
Sold PSQ @ 27.41 for a profit of 0.17 per share
Algokid
Long PSQ @ 27
Algokid
closing PSQ @ 26.68
Algokid
Long PSQ @ 26.24
Algokid
Closed @ 26.58..for 0.34 + :)
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