March 20, 2024 TQQQ shorted outright

Markets are up significantly after today's FOMC announcement.

So I sold all my remaining TQQQ.

For now, I wanted to sell everything and reset my assets.

 

 

100 shares of TQQQ were sold for $61.6516.

So my ETFs are currently all cash except for SOXL, which I bought yesterday.

 

 

The first buy start date was January 10, 2022.

And I sold them all today.

You bought a total of $38.892.45 for a profit of $15,248.51.

The total return is 39.21%.

 

 

In addition to the selling profit, the dividend and interest income is about 600.

So the gross profit is $15,884.7.

The first trading term took a total of 800 days.

We also had a negative 70%, but ended up with a positive finish.

I was once again convinced that index investing can be beaten if you hang in there.

 

 

The total return on principal invested was 38.34%.

The final return is the sum of trading profits, dividends, and interest.

 

 

 

I sold all of my TQQQ today and bought about $1000 of SOXL yesterday, bringing my total assets to 57,000.

SOXL touched support yesterday and bounced back, so I only bought $1000 because of how much cash I had on hand.

But in a single day, I gained nearly 5%.

We will continue to trade in SOXL for the foreseeable future.

This is because I believe that high-volatility stocks are better for split trading.

 

 

Your total CAD assets are currently $77,447.03.

The equity weighting is 1.82%.

The rest is all cash.

My assets are currently liabilities 0 cash 100.

 

With today's FOMC announcement, the markets are hailing the start of a bull market.

So I jumped out of there.

Rising without correction is dangerous.

If it goes up further, I'll be upset, but I think it will be lower than what we've seen so far.

I try to eat a little more and then stop.

I think it's right to stop here and take another shot.

 

Investing or trading is a matter of personal conviction.

And it's an action that takes responsibility.

I successfully closed my first trade.

In the future, we will start trading with SOXL again.

Whether my second journey will end in success or failure is anyone's guess.

However, it's important to remember that the index will eventually pay off if you hold on.

 

If anyone wants to get started now, I would say one thing.

If you want to get started with index ETFs now, it's not too late.

And if you can hang in there and split trade no matter what, you'll win in the end.

 

If you're trading index ETFs, you can also do brain trading.

If you persevere, you'll have a happy ending in the end.

 

I conclude my first trading journal by wishing you all successful investing.

Source: https://trip-3xetf.tistory.com/entry/2024년-3월-20일-TQQQ-전부매도 [Stock investors who dream of traveling the world: Tistory]