TQQQ Sell Signal Strategy and Risk Management

11 days ago

Viva Jaw

"So, one of the sell signals I use is when we have a stalling day or a downside reversal day after the stock has been up for some time. I had actually started raising cash on July 31st, selling 10% of my TQQQ position, and then on August 13th, when the stock hit a new high in the morning and closed at the bottom of its range, I sold another 15%. I didn\"t add back because historically August has been a weak month for me. I rely on these technical triggers, like two closes below the 21-day EMA, to decide when to protect profits."

The speaker outlines his technical risk-management strategy for TQQQ, explaining how he begins to raise cash by selling portions of his position when specific sell signals, such as a downside reversal or two consecutive closes below the 21-day EMA, occur. This method helps him lock in gains and hedge against volatility.

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