[QQQ Swing Position Update: 2nd Target $694 Breached & Full Liquidation Success, Closing with ~+10%(???) Profit!!!]
Hello, this is NasdaqAlpha.
Do you remember the scenario from yesterday’s [QQQ Swing Position Update]? I mentioned that if it surged straight up without a correction, I would handle it by liquidating the entire position (full exit) once it reached the 2nd target price of $694. (Please refer to previous posts. I don’t give vague guesses like “it will go up or down”—I state my entry and exit points clearly! 😊)
Right as the market opened this morning, it ran without hesitation and cleanly touched around $695. Without a second thought, I locked in my profits with a clean, full liquidation right according to plan!
This means the first QQQ swing trade shared alongside this blog post wrapped up in sweet, flawless profits, haha.
📊 [Trade Record Summary]
- Entry: July 28 ($670)
- 1st Tranche Reduction: July 30 ($683.55)
- 2nd Final Liquidation (Full Exit): July 31 (around $695)
- Split-Liquidation Realized Returns:
- 1st Tranche Reduction ($683.55): Approx. +2.02% profit realized
- 2nd Full Liquidation ($695): Approx. +3.73% profit realized
- This kind of return in just 3 days is fantastic. I analyze using QQQ, but you know what’s up??? If you factor in TQQQ, the return triples to around 10% explosive gains overall. Of course, I’m certainly not recommending TQQQ blindly, but… 😊
Once again, the market rewards those who stick to their rules. It was a month with heavy downward pressure, but by strictly adhering to the principles of scaling in and scaling out, I successfully wrap up this swing position.
I will be back with more actionable response strategies through upcoming posts.
Wishing everyone continued successful trades!
※ This post is for informational purposes only, and the user assumes all ultimate responsibility for investment decisions.
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