GGLL ETF = 2X GOOGL Trimming into Strength JournalJournal notes on the trade. Actual trims on chart.
04/14Strong breakout; MAGS strong day; EARNINGS APPROACHING
04/27- Took profits into strength over 4atr above the 21 day;
04/23 breaking above 110 HH- move stop;
04/28 SOLD 1/2 REMAINING DUE TO EARNINGS TOMORROW.
05/01 Trimmed 1/2 @137.14
05/20 Stopped
I was happy with this trade because I wanted the benefits of Googl, but I was seeking better than the market returns. Googl returned about 20% in this time period; SPY app 8.73%;
GGLL return in that time: 37%. I was able to capture a 20% due to the early gains.
Long
