$Proshares Ultra QQQ ETF(QLD)$
*Post for Viewers: 1 Year with $QLD + What’s Next*
Big update: It’s been 1 year since I started building a position in $QLD - ProShares UltraPro QQQ 2x Nasdaq ETF.
*Result*: Portfolio is up big. Caught the AI + tech rally from late 2024 into 2026. QQQ made new highs and 2x leverage did its job on the way up.
*So what’s my strategy now?*
This is how I’m thinking about it:
1. *Respect the win*
Leveraged ETFs like QLD are trend-followers, not long-term holds. When the trend is up, they compound fast. When it reverses, they drop fast. I don’t get married to the position.
2. *My current plan*
- Booked partial profits already. Secured capital + some gains.
- Rest of position runs with a trailing stop. If QLD drops 15-20% from highs, I’m out. No debate.
- If Nasdaq breaks below key support/200-day MA, I reduce leverage. QLD → QQQ. Less risk, same theme.
3. *Lesson for everyone watching*
Big profits come from 2 things: 1) Right theme, 2) Right risk management.
Making money is step 1. Keeping it is step 2. Don’t let a 100% gain turn into 20% because you didn’t have an exit plan.
*Key levels I’m watching for $QLD*:
Support: $60-62 zone = 50-day MA
Resistance: $70-72 = recent ATH area
Break $72 with volume = momentum continues. Break $60 = time to derisk.
This worked for me this cycle. Your risk tolerance, timeline, and goals are different.
_Not financial advice. This is my personal strategy and how I’m managing my own position. Do your own research. Leveraged ETFs can lose money fast.
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