Shorted 1000 QQQ at 25

Would have been more impressed if you posted this before the QQQ was at 21.

 

You better cover. Nasdaq may break the downtrend.

 

I'll cover the remaining if there is a follow through tomorrow.

 

Doesn't hurt to go long too.

 

I would cover if I were you

 

There's a time to go short and one to long. Go long, man. Try daytrades instead of swing trades. Small profits will add up and you'll have peace of mind at night.

 

I agree. You control your trades with daytrading whereas with swing, a single gap can wipe out all the gains accumulated for several days.

 

You're right. Wait to see if there are any follow-through. It may just be another sucker rally.

 

I am not worried yet. I am be tomorrow though.

 

Trading the QQQ sucks without the ISland book