Trade Update: QQQ

My QQQ position reached my loss limit of $0.45 so I exited the trade. Although this was not a profitable trade, it was a successful one to me. Why would I feel successful about losing money you ask? Because, I traded my plan! I didn’t wait it out hoping the position would go in my direction. The plan was to get out if it dropped to my loss limit of $0.45 and I did! Woot! Woot!


Here’s the result of my trade:

# Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 0.51 102.00 0.45 90.00 10.00 -22.00 -21.6%

Here are my charts for this trade:

130221 QQQ

130222 QQQ


What do you think? Let me know in the comments!

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