Another solid day-trade in (QQQQ) today which is the ETF NASDAQ equivalent. You probably recognize that I trade QQQQ quite a bit, in fact on the year it is the most profitable stock or ETF that I have traded in. One thing to remember is that you have to stick with what works, so no matter how boring it is to trade some of the ETF index funds, you nonetheless, stick with what works. So early on, I saw the bullish hammer form at the lows of the day, on an uptick in volume, and there you have it, the ideal trade setup, and with it 1.5R in gains. I’ll take it!
Here’s the Podcast analyzing my trade in QQQQ…
