Short-Term Gamble on a NASDAQ Bounce Using TQQQ

4 apr

In this quick update, I’m taking a speculative short-term trade on a possible NASDAQ recovery after a steep sell-off. Was the market oversold—at least for a day? Maybe. Do I think the pain is over for the longer term? Probably not.

I’m using TQQQ, a 3x leveraged ETF that tracks the NASDAQ-100 (the top 100 non-financial stocks in the NASDAQ). This means if the index moves up 2%, TQQQ should theoretically gain roughly 6%, and vice versa on the downside. Leveraged ETFs like this are high-risk, time-sensitive instruments—they’re designed for short-term trades, not buy-and-hold investing.

The idea here is that after a sharp drop, institutions might step in to scoop up oversold tech stocks, creating a brief rebound. If that happens, TQQQ could give me amplified upside. But this is purely a gamble—I’m under no illusion that the market has bottomed. In fact, I expect more downside ahead.

I entered in the after-hours session once some of the heavy bearish volume faded, and I’ve set a tight 5% stop-loss to manage risk. Yes, I could get shaken out by an early dip before any rebound, but the stop is there to protect me if the sell-off continues.

This is a high-risk, short-term trade—buyer beware. If you’re considering TQQQ, understand the risks: decay from daily resetting leverage, extreme volatility, and the potential for rapid losses.

I’ll update on how this plays out. Wish me luck in the comments below 😁

Real question is where to take profit...

4 apr

Trade attivo

Ha! Well the market hasn’t opened yet and China has declared a 34% reciprocal tariff on all US goods further tanking the US market. I can kiss my 5% stop good bye :)

4 apr

Trade chiuso: stop raggiunto

Stopped out at $45.98 on market open on Chinas 34% call. Markets continued to sell off deeper so could have been much worse. Stops for the win. Should have rolled SQQQ :(