I bought TQQQ PUTs yesterday and today to play the QQQ sale.
On March 1, we reached a new high.
Since October 26, 2023, TQQQ has doubled, a blast seems to have arrived.
RISK MANAGEMENT
Initial target 1% of my capital as short selling is very difficult.
Transaction risk 0.5% of my capital as this is the only element I can control in trading. That's why I buy PUTS.
Multiples R forecast 2.05R but the market will decide!
On March 1, we reached a new high.
Since October 26, 2023, TQQQ has doubled, a blast seems to have arrived.
RISK MANAGEMENT
Initial target 1% of my capital as short selling is very difficult.
Transaction risk 0.5% of my capital as this is the only element I can control in trading. That's why I buy PUTS.
Multiples R forecast 2.05R but the market will decide!
Trade closed manually:
I'm selling my puts TQQQ Apr19'24 62 today with a profit of 20%.