I always following your videos, but most of the times nothing in it, only a simple recap. Actually same as other UA-camrs, But this video despite many others had vey good learning lesson and completely different. Make like this more please if you’re looking to grow your channel. I hope you find my criticism useful from a fan. Good luck
I've only seen a few recaps but so far there are no down days. As one who has lost in the market I like to have a seasoned approach looking at it from all sides winning and losing. It would be nice to see how you navigate a losing day.
Hello Andrew, I read an artical you wrote with Carlo Zarattini about ORB on TQQQ/SQQQ. If I understood right, you take position of bullish or berish after 5min breakout, set ATR stop loss, and sell just before market close. Am I right? Also do you think this approach is better than 15min or 30min ORB? What could be done better for this setup? I appreciate it.
Hi, I am not doing that, but that is one of the ways to do it! There is no best way, there are so many ways to make money in the market, you just need to find what suits you the most
SQQQ stock price and MACD (up) form a large bottom divergence. It indicates that SQQQ will have a greater possibility of going up. It is very likely to touch MA (20): around 33.81. But it cannot be achieved in a day. We will wait and see in the next few days.
so sorry if I didnt catch everything but I'd like to ask: What index does the TQQQ follow? if I can't draw levels on the TQQQ what indices/index am I to look at to define the TQQQ levels? Same question for the SQQQ? And finally, what's the difference between trading the TQQQ and SPXL? Whats the difference between the two?
The QQQ etf tracks the NASDAQ 100 index. (heavy tech) TQQQ is a 3x of the QQQ etf. SQQQ is a 3x INVERSE of the QQQ etf. SPXL is a 3x leverage of the SPY etf. SPY tracks the SP500 index I would say use QQQ to draw levels on. but be careful, because SPXL and QQQ are not tracking the same index.
Thank you, Anya! We appreciate your support and value your feedback. We strive to create engaging and informative content, and it means a lot to us that you have chosen to spend your time watching what we have to share. Thank you again for being a part of our UA-cam community. We look forward to continuing to create content that you will enjoy.
I'm so glad you did this video the same week I started gaining interest in TQQQ. I was trading it like an individual index. I was wondering why my candlestick patterns weren't clicking at all...
Thank you!! We really appreciate your support, it means a lot to us that you took the time to watch our content, and we hope you enjoyed it. We look forward to bringing you more videos in the future!
🔥Start your trading journey here 👉 bearbulltraders.com/start/
Andrew, you are killing it with these recaps lately! This will 100% help the channel reach new people outside of community. Genius idea !
Thank you! We look forward to continuing to bring you engaging content, we can't wait to see what the future holds for our channel!
Love the new style recaps. Thanks Andrew!
Thank you for taking the time to watch our videos! We are grateful for your support, and we are thrilled to have you as part of our community!
I always following your videos, but most of the times nothing in it, only a simple recap. Actually same as other UA-camrs, But this video despite many others had vey good learning lesson and completely different. Make like this more please if you’re looking to grow your channel. I hope you find my criticism useful from a fan. Good luck
Thank you so much for your feedback, glad that you found this video different. I truly appreciate it!
I've only seen a few recaps but so far there are no down days. As one who has lost in the market I like to have a seasoned approach looking at it from all sides winning and losing. It would be nice to see how you navigate a losing day.
Thank you so much for watching. Just search "red day" here in the channel and you´ll find some of my red day recaps bit.ly/3PCxLWv
Excellent Recap in a new style, Thanks Andrew for valuable content, appreciated.
Glad you enjoyed it!
Another excellent video and was worth watching a 2nd time. Plus, you mentioned all 3 Qs throughout the video! Bravo!!!
Glad you enjoyed it!
Thank you, Andrew! Great presentation.
Thank you! Your support means the world to us and we are truly grateful!
Thank you Sir, nice analogy with the shadow example. Keep it up!
Thank you so much for your kind words! We truly appreciate it!
Thank you Andrew for the recap!!
Thank you so much for watching! We really appreciate your support, it means a lot to us!
This is some great info! Thanks Andrew
Thank you so much for your kind words! I truly appreciate it!
Hello Andrew, I read an artical you wrote with Carlo Zarattini about ORB on TQQQ/SQQQ. If I understood right, you take position of bullish or berish after 5min breakout, set ATR stop loss, and sell just before market close.
Am I right? Also do you think this approach is better than 15min or 30min ORB? What could be done better for this setup? I appreciate it.
Hi, I am not doing that, but that is one of the ways to do it! There is no best way, there are so many ways to make money in the market, you just need to find what suits you the most
SQQQ stock price and MACD (up) form a large bottom divergence. It indicates that SQQQ will have a greater possibility of going up. It is very likely to touch MA (20): around 33.81. But it cannot be achieved in a day. We will wait and see in the next few days.
Yes, we will see how it goes, thanks for sharing!
so sorry if I didnt catch everything but I'd like to ask: What index does the TQQQ follow? if I can't draw levels on the TQQQ what indices/index am I to look at to define the TQQQ levels?
Same question for the SQQQ?
And finally, what's the difference between trading the TQQQ and SPXL? Whats the difference between the two?
The QQQ etf tracks the NASDAQ 100 index. (heavy tech)
TQQQ is a 3x of the QQQ etf.
SQQQ is a 3x INVERSE of the QQQ etf.
SPXL is a 3x leverage of the SPY etf. SPY tracks the SP500 index
I would say use QQQ to draw levels on. but be careful, because SPXL and QQQ are not tracking the same index.
Draw levels on NDX, to take trades on TQQQ or SQQQ. Similarly draw levels on SPX to take trades on UPRO or SPXU/SPXS.
Andrew, do you trade SQQQ and TQQQ at the same time (long TQQQ, then flat TQQQ+long SQQQ, then flat SQQQ+Long TQQQ...)?
LOL, not really, that doesn't sounds like the way to do it
Love new recaps 👍👍👍
Thank you, Anya! We appreciate your support and value your feedback. We strive to create engaging and informative content, and it means a lot to us that you have chosen to spend your time watching what we have to share. Thank you again for being a part of our UA-cam community. We look forward to continuing to create content that you will enjoy.
I'm down a whole lot on TQQQ. I need a strategy to trade my way out of TQQQ for a profit.
This was super helpful, thank you!
Glad it was helpful!
These videos are definitely getting better
Thank you so much for watching! We really appreciate your support!
Good work ,I'm loving this channel
Glad to hear it!
I'm so glad you did this video the same week I started gaining interest in TQQQ. I was trading it like an individual index. I was wondering why my candlestick patterns weren't clicking at all...
Glad it was helpful!
Analyze the /NQ or NDX and take trades on the TQQQ or SQQQ. Try that and see how that works for you. 😮
I’m new so sorry if this is a dumb question. But does that mean we make money when it goes down?
When shorting a stock, we make money when it goes down
Hello andrew, i trade indices in the forex market. Is it worth it join your community ? Is there a section for indices traders ?
Hi Gonzalo, we trade stocks and some ETFs...
Thanks for the recap. Is there a reason you chose to short SQQQ rather than long TQQQ?
He went LONG SQQQ. It also makes more trades possible if you have a cash account with no margin to short stocks.
You want to go long TQQQ when the market is going up and long SQQQ when the market is falling...
So what exactly is the risk management strategy here except betting (yes after research) market goes down?
If levels are meaningless for the leveraged ETFs, how about the L2 or volume?
Still meaningless as they follow the index
So is ok to DCA SQQQ and take profit when I can?
Yes
Thanks Andrew for recap 👍
Thank you!! We really appreciate your support, it means a lot to us that you took the time to watch our content, and we hope you enjoyed it. We look forward to bringing you more videos in the future!
@@BearBullTraders no worries Andrew I have been following and watching you for couple year now
I am just struggling to be consistent hopefully soon
@@waheed7288 Thanks! Keep learning and keep practicing!
Are their options tradable?
Everything is tradeable
Why couldn’t you just buy a leaping Put on SQQQ if it’s on a consistent down trend over the years ?
Yes we could
Very well done
Thank you very much!
Thanks
Thanks for watching!
My position is under water on TQQQ. Would you DCA❓
As Andrew explained in the video, these leveraged ETFs are not meant for hold in the long term. Andrew use them for day trading.
Where can i trade SQQQ? Thank you
All brokers have it
In Canada what broker do you use?
I use IB US. You can use IB Canada too.
definitely probably
clothes for shadow excellent anecdote
Thank you!
You are looking good man.
Are you reposting on Instagram Facebook and TikTok? Free advertising-MRod