O.k., here we got out follow through day on the SPY and the QQQs.
What is even more important then the watching the QQQs or SPY: Leaders led before that day!
My execution was mezzo, mezzo, should have hold on to my leverage at least until today.
I had some leaders on my list which I did not buy into the last 3-4 days.
But hey, we had the direction right since the 20th of September, I learned a ton, I booked >12% performance since than so let’s be happy.
My port printed another all-time high yesterday, but not with much zing (no beta!). That is textbook behavior of high quality small and especially micro caps when they show relative strength and then the big caps start to rally.
Not much to do now other than staying long, be patient and managing positions!
Good Trading!
https://twitter.com/SqueezeMetrics/status/1448748669470117895
https://www.youtube.com/watch?v=YHmEZiSIOXE