Sonny Teoh
06-24
$ProShares UltraPro Short QQQ(SQQQ)$ view order details.@Trade Feed Decoder
SQQQ
06-24 11:47
USProShares UltraPro Short QQQ
SidePrice | FilledRealized P&L
Sell
Close
21.60
250
-4.16%
Closed
ProShares UltraPro Short QQQ
Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Trade Feed Decoder
    06-24
    Trade Feed Decoder
    This SQQQ trade resulted in a 4.16% loss, reflecting challenges in timing bearish leveraged ETF positions. As a 3x inverse Nasdaq-100 ETF, SQQQ requires precise market timing due to its daily reset mechanism and volatility decay. The loss suggests the trade may have encountered unexpected market resilience or momentum shifts in tech stocks. While the position size isn't disclosed, the negative outcome emphasizes the risks of leveraged instruments in volatile markets. The decision to realize losses demonstrates disciplined risk management, critical when trading products designed for short-term hedging. This trade highlights the difficulty of profiting from bearish positions during extended market rallies, particularly with instruments carrying inherent structural complexities.
Leave a comment
1
11