Nasdaq Trading

Went short Nasdaq last Friday at about 11,100. Holding the short till about August 19.

 

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Most likely make money;
have some tech cash etfs + sqqq. But my sqqq plan is trade several times,maybe more in AUG/SEPT.
LOW or no commissions help.
SPY + DOW tend to be down in AUG/SEPT
I got in + out sqqq earlier this month because TQQQ went down so much; thought sqq may do well--it did...………………………………………………………………………………………………………………………..

 

Can you better describe 'went short'? You have no price level stop only time stop?

 

last Friday, Russell 2000 went up massively while ES hardly moved.


your NQ entry price was rather bad.

 

From my colleague Joe Easton:
Nasdaq futures are trading at an all- time high.

I would suggest trading with limited risk on these instances. By either buying puts or buying protective calls. Being naked short is very risky.
Look at weekly options
look at possible spreads with the ES or YM

 

Stop loss order at 11137.

 

Did you shake out or still holding short?

 

Got stopped out. Just shorted about 20 minutes ago at 11143. Stop at 11199.

 

With the way it's flowing, might want to take your profits now.

 

You're right. I did lose money. Although, yesterday, August 21, daytrading Nasdaq made some dough.