5/18/2021 Shorted half sized position in QQQ at 321.5 in after hours. Tight stop loss at 327.5. Out for loss if we close above 325.

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I shorted a half sized position of QQQ in after hours today. I will exit for a loss if we close above 325. The actual dollar amount for the short position is very large, but it’s only a half sized position because the stop loss is very tight.

Entry: 321.5

Stop loss: 327.5

Profit Exit: 303

Risk to Reward: 1 to 3 (6 to 18.5)

QQQ daily chart below.

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 teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU, and am currently working on a company with my twin brother. I'm currently teaching Go full time, which has been the best job I could ever hope for.

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