Buying TQQQ again

[GrowleyMonster]

I have been following this for a few days. More often than not, the premarket action is a harbinger for at least the first hour of the market, lately. I am liking TQQQ for intraday. The run this morning would have been good for a couple bucks a share. I would have traded this today if I could. Due to a screwup I couldn't even paper trade. In the interest of authenticity I decided to reset my cash in paper trading to what I hold in my live account and when I tried to trade, I discovered that the software enforces PDT even in paper trading! Anyway I would have made myself a few hundred bucks this morning, real or on paper. Here is what the TradingView site was showing me, for 1 day and 5 day. Showing Bollinger9, volume, and "Decision Bar" indicators, 5 min candles.

And here, in TWS. Look at that opener.

 

[Junkou]

Here you go:

See you in 3 months.

 

[shatteredx]

Here you go:
View attachment 203836
See you in 3 months.

Thanks friend. Looks like I'm selling the open tomorrow night (and praying for no gap down).

 

[Overnight]

Thanks friend. Looks like I'm selling the open tomorrow night (and praying for no gap down).

Yer high. Look for a gap up.

 

[murray t turtle]

So the key then is to be immortal so that you can repeat 40 year trades 1000 times.

%%
Well for TQQQ it would best be a trade;

for QQQ, buying 52 week high for 40 years couldbe a great investment.Great trender, about 18% average...….. Made over 33% not to many years ago.Not bad for a summer rally; summer rally tends to be weakest rally of them all...………………………………………………………………………..

 

[shatteredx]

Well I closed out the trade tonight for a profit of 3.5%. NQ actually gapped up so it worked out even better for me.