4/15/2021 Out of QQQ for a loss (just before stop loss). Bought NIO at 35.66 on market close with a tight stop.

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The QQQ short isn’t working out and the index jumped higher today. I took the loss (0.6% of account value) before my stop loss at 343.

I also bought NIO at market close today (at $35.66) for a quick bounce trade.

NIO daily chart below. Stop loss at 33.8, just below previous low near 34. Profit exit at 41 or when RSI hits 70 (whichever comes first).

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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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