1) QQQ started a downtrend in the middle of February, closing out our long positions as detailed in the related idea "Time to take a dump"
2) The market decided to bore everyone to death rather than move up or down. No trades were taken at this time.
3) The range contracted, and then expanded up again! Volatility is increasing and in the upward direction. YES!
Entry: Immediate
Exit: when the trend changes down, OR a $7 trailing stop
Stats are from 1/1/2020 to current using ~2% risk.
2) The market decided to bore everyone to death rather than move up or down. No trades were taken at this time.
3) The range contracted, and then expanded up again! Volatility is increasing and in the upward direction. YES!
Entry: Immediate
Exit: when the trend changes down, OR a $7 trailing stop
Stats are from 1/1/2020 to current using ~2% risk.
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