ProShares UltraShort QQQ -2x Shares (:QID)
Old Forum Content for QID
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- Cjauger: @woodman Right there with you, I have been retreating into $CASH for the last week. Every time I take a bite at a stock I get a paper cut. I am 100% in $JAAA. I wanted to short via $QID but the gap was brutal right at the open. Time for to seat on our hands and wait for better prices
- Cjauger: $QID and $SDS working stop between LOD and VWAP
- Cjauger: Long $SPOT switched from $QID bear to $SPOT bull
- Cjauger: Stopped out of my short $SDS, $QID and $SBIT at LOD
- Cjauger: bought $QID back at $48.29 with a stop at $47.85. Thought the rally was a head fake. Trade worked
- Cjauger: @Simar297 $MSTR IMO, this is not a dip, broke decisively below an bear flag. Turn your screen upside down and it will look like a bull flag. Or look at the screen while standing on your head. Looks like the beginning of a falling knife, I have an HODL Coinbase account, I don’t trade it, but look at the balance as an indicator of risk on it risk off. Right now it is flashing risk off. Hence I am in $CASH and in $QID. As to when should you buy? Wait for green
- Cjauger: Big volume into the close $QQQ and $SPY both tanking. $SDS, $QID, and $SBIT doing well
- Craig97003: @Cjauger $QQQ $SPY $SDS $QID $SBIT Wow! That's painful! Ouch!!
- Cjauger: Bought $QID @$47.35 stop at $47.09
- Cjauger: I took a small position in $QID, I was stopped out. Market did not do what I expected. Took 1 long position in $CAVA, it had a 10.50% move, thank you $CAVA.
- Cjauger: @ssoha20 $QQQ I shorted the market via $QID and $SDS, last week. Closed those positions on Monday, and now I am looking to short again. These are trades not positions.
- Cjauger: Bought back $SDS and $QID on the gap up this morning
- Cjauger: Going to close out $SDS and $QID for a small profit because of $META and $MSFT earnings
- Cjauger: 3 positions $CASH, $SDS, $QID. Frankly surprised by the intensity of the selloff.
- Cjauger: $SDS and $QID working. Being patient with it.
- Cjauger: $QQQ Below the 50 day. Added to $QID
- Cjauger: 3 positions $CASH, $SDS and $QID
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scottrades: ...
$QID Higher low?
$SDS Higher low?
$AMD Still in a channel
$AMZN Inside day
$GOOGL Low volume pullback
$TSLA Watch for a bounce off the 50
$NFLX At the 50 Day
$GS See the pattern?
$NVDA Below the 50 Day
$MA Basing
$V Basing
$FANG Support under yeste ... - Cjauger: $QID added to $QID this morning
- vcondry: $SDS $QID set on a trailer ... $VRNA still looks promising...thats about all I can handle atm... finally took @DAN advice and got $TSLA puts with $130 strikes so hoo-ray there. Anyone got an idea when $TSLA should be close to a bounce to lighten up on the puts before the next reload @scottrades?
- scottrades: @vcondry $SDS $QID $VRNA $TSLA Focus on the round numbers. 110, 105, 100, etc. She's gone 90% angle now.
- vcondry: @scottrades $SDS $QID $VRNA $TSLA thank you!
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vscottg: @scottrades $SDS $QID $VRNA $TSLA from TOS:
Radio show host Domenick Nati posted a video on TikTok about his Tesla Inc. (NASDAQ:TSLA) Model S vehicle not charging in freezing weather.
What Happened: Nati said he tried to charge the vehicle at ho ... - vcondry: @vscottg $SDS $QID $VRNA $TSLA #tesla #ev #cold #winter #winterweather #storm #christmas #christmaseve #coldweather #weather #blizzard #wow #car #cars #elonmusk #help #stranded #how #electric #electriccar #teslas #teslamodel3 #charge #mad #fail #merrychristmas #twitter #truck #trucks #storm sitting in my 40 degrees garage unplugged from thursday to monday morning i lost 28% charge fwiw...car is charging fine but again its 40 in my garage not freezing.
- Cjauger: @woodman $TBT My largest position. I have very small $QID and $SDS
- woodman: @Cjauger $TBT $QID $SDS - my recent $SOXS backfired on me. I overstayed my welcome, got greedy frankly, and gave it all back. I know better than to do what I did with it.
- Cjauger: $SPY, $QQQ could be a head fake. Not buying Bought small $QID stop at LOD
- Cjauger: Powell's Q&A. No ambiguities, no signs that inflation is coming down, rates are going higher. Long $TBT, $SDS, $QID
- mharps: @scottrades Happy to see it but I don't trust it- took a tiny bit of $UUP, $SPXU and $QID
- Cjauger: $SDS, $QID, and $TBT working
- scottrades: @Cjauger $SDS $QID $TBT Looks like downside gapfill in motion.
- Cjauger: @scottrades $SDS $QID $TBT checkout the $TBT intraday chart, 5, 10 or 15 min 10 year is at 4.04%
- scottrades: @Cjauger $SDS $QID $TBT Wowza
- woodman: @Cjauger $SDS $QID $TBT - I have quite a bit of $TBT at this point. Not sure how much "decay" has affected it day to day, week to week, but I've been adding on the ride up the daily at times of pullbacks. The pullbacks have been mild, so that's a relative term.
- Cjauger: @woodman $SDS $QID $TBT well done, I have been in and out of it. 8 day MA support
- woodman: @Cjauger $SDS $QID $TBT - Yes 8dEMA primary support; 13dEMA secondary support.
- Cjauger: The 4 horsemen not with the market today.Out of all longs, bought $SDS, $TBT and $QID
- Justhanging48: @woodman $TBT $QID and $SDS also doing nicely today
- veghead: @Cjauger $SDS $TBT $QID Nice trades!
- vcondry: $SPY bouncing well off the lows my guess is she might get as high as 355 before bottoming back down to 350...adding to some puts and $SDS $QID
- vcondry: @natural $DKNG #Computerized-trading #CopyCat #today I sold most of my PUTS and switched over to just doing $QID and $SDS today so I don't see my gains utterly annihilated in a day like I did a week ago. After doing today's study session and looking at the $VIX it just feels like we might be due for a bounce soon like @CHAMP said.
- Cjauger: $SDS $QID at HOD
- Cjauger: $SDS and $QID building bases on intraday charts
- scottrades: My video notes: COTD: Here’s the DL on $DV $SPY Lower Low $QQQ Lower Low $UUP Lower please $TNX Still in trend $VIX Still in trend $XLE Watch 73 $GLD Holding up $GDX Good Weekly volume $TAN Back to the 200 Day $SDS Still in trend $QID Still in trend $GBTC Uhh guys, Bitcoin is actually doing ok!? $AAPL Nope. $NFLX Maybe. $TWTR Possible news trade. $ANET Watch 117.60 $CCRN Near the highs $DKS Watch 117.70 $ENPH Watch 294.50 $FSLR Holding the 21 EMA $PCTY Slope $DVN Potential Gap Fill $KGC Low Dollar Gold Stock $GOLD Watching $WPM Watching $FNV Watching
- vitoB: Nope $QID all day @vitoB $MU
- vitoB: @vitoB $QID $MU back in $MU.
- scottrades: My notes: COTD: This Discount Retailer is holding up well in this market. $BJ $SPY Broke the June Low $QQQ Still above the June Low $UUP Screaming $TNX Screaming $VIX Near the Yearly highs $TBT on Dan’s ATL, consider moving up stops $URA Watch 20.18 $SDS Highest Volume since July $QID Riding the 8EMA $AAPL Short term support at 148 $TSLA Close to the MAs $TWTR Base $ENPH Close to the 50 Day $CSIQ Channel $LLY Near the 50 Day $VRTX Still a seller up top. $XOM Watch the 200 Day for support $DVN Inside Day $CNQ Inside Day $PBF Watch 33.20 $FLNG At the 100 EMA
- Cjauger: $SDS and$QID are at HOD
- Cjauger: Small positions in $QID and $SDS stops below LOD
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DAN: ...
$QID -- Yep.
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Active Trades: Just three…doing well.
$MAXN -- suggested taking profits, which was the right thing to do. The stock is down a bit, but still acting very very well in a brutal market environment. So don’t ... - scottrades: My notes: $SPY $QQQ The FOMC Show Goes On $UUP Near the highs $TNX Closed at an 11 year high $VIX Above 20 $TAN Basing $XLE Choppy $DRIP Higher Low in play still $SDS/$QID Good for Day trades #Bitcoin Following the rest of Risk assets $AAPL Strong $TSLA Strong $NOC Watch 497 $CALM High Handle $WSC Watch 43 $VRTX Small flag $NBIX Watch 108.75 $FSLR Basing $ENPH Basing $ON Basing $AEHR Squeezing $CELH Watch 108.50
- Perry: Bought positions in $QID and $SDS. Have a negative outlook for the market. I feel we test the lows on the S&P. And I think Powell will be hawkish
- vcondry: @Perry $QID $SDS Just going by the stock almanac this week typically is one of the worst of the year so your aligned with history and current events. I'm also in bear mode.
- roddog101: @Perry $QID $SDS I learned a lesson long ago that my feelings were my worst enemy fwiw...
- Perry: @vcondry $QID $SDS Interesting stat regarding this week and the market. Put the Fed on top of that, my outlook is to test the June lows.
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champ: @roddog101 $QID $SDS....watch $TECK and $AA........always need to make risk #Decisions, on each step...and I agree with you, Exactly....however for me.....I #don't need feelings....I only need a few positive simple reasons.......
that will #trigger ... - Cjauger: I had trimmed $ENPH AT $306. Sold the rest at $303. Added to $SDS and $QID
- vitoB: $QID bounced off of that 23.60ish level of resistance. Low risk entry for those lookin to go short. I was big in this but all out now.
- Cjauger: Closed 1/2 of $SDS and half of $QID
- scottrades: My notes: $SPY $QQQ I’m bearish but beware the Face Ripper $UUP Still in trend $TNX Near the highs $XLE Chopping sideways $UNG Down but the stocks don’t care (yet) $TAN Like XLE $XBI Still strength in Biotech $SDS / $QID Going Short, the long way $DRIP Still watching this potential higher low $ENPH Holding the 8EMA $SEDG Handle? $FSLR Starting to slow down $SHLS Nice bounce near the 50 Day $ARRY Short Report from Muddy Waters and Friends $AR Closed near the lows $OXY Back down to the 50 Day $CVE No breakout for you. $DVN Holding the 21 EMA $VAL Move up your stops $GLNG Around the 8/21 EMA $FLNG Holding the MAs $UNG Holding the 100 EMA $RGEN Basing $VRTX Near the 50 Day
- scottrades: Bears: watch $QID to take out yesterdays high.
- vcondry: Bears look poised to take control again $SPY $QID $SQQQ edit: took a dip and rallied back up...lets see what 12pm EST brings
- scottrades: $SDS / $QID Creeping near HOD. You know what that means...
- vcondry: @scottrades $SDS $QID Do you see another down day tomorrow and then some short covering on friday (its quadruple witching right?) Thanks for the insights!
- scottrades: @vcondry $SDS $QID Everyone is SOOOOOO Bearish (including me). It's hard not to think the path of greatest pain is up, but I'm not placing any "bets" either way. I'm still trading extremely small.
- vcondry: @scottrades $SDS $QID my plan is to unload most of my bears mid to late day tomorrow and maybe try some $390 $SPY calls that expire friday (depending on how low thursday goes)....I have a hard time seeing any direction but down for tomorrow given todays weakness. All that being said i'm just finally making some green off my SPY puts I was really sweating it til yesterday...I was like "go figure the one September I turn into a bear the market goes up"
- scottrades: @vcondry $SDS $QID $SPY The next FOMC is September 20-21, so wouldn't be surprised to get a bit of relief and then resume the down move on the next hike. The best course of action is just stay flexible.
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scottrades: ...
The Inverse ETFs are still in trend as well: $SDS $QID
We saw a nice pullback in the Dollar yesterday but the trend is still intact. We have talked in depth recently on why this is happening and why it’s important to have it on your screen a ... - cmaxwel1: @scottrades $ENPH $SHLS $ARRY $CSIQ $FSLR $SEDG $RUN $TAN $DRIP $TSLA $AMZN $AAPL $SDS $QID $ENPH is not on active trade list
- DAN: @cmaxwel1 $ENPH $SHLS $ARRY $CSIQ $FSLR $SEDG $RUN $TAN $DRIP $TSLA $AMZN $AAPL $SDS $QID I just haven't added it yet. My fault. Will add this morning...along with the other stock just added
- DAN: @DAN $ENPH $SHLS $ARRY $CSIQ $FSLR $SEDG $RUN $TAN $DRIP $TSLA $AMZN $AAPL $SDS $QID Max, I just added both enph and maxn. Might take a few minutes for them to show up, but they're in there: ENPH -- bot 300, stop 285 MAXN - bot 22.30 stop 20.60 Thanks for the reminder. :-) Dan
- vitoB: Dtrade $GOOGL. Lots of support around the 107.25 level. Now low of day Risk reward seems good. Still holding $QID long
- vitoB: @agiaccag $SQQQ $QQQ lightening up on the $QID also
- vcondry: @vitoB $SQQQ $QQQ $QID good timing you two...im just gonna have to keep riding...some zig zags but ultimately its still september so direction is DOWN.
- agiaccag: @vitoB $SQQQ $QQQ $QID I flipped to $TQQQ but 1/4 size position. Adding now that we are above daily AVWAP. tight leash.
- agiaccag: @vcondry $SQQQ $QQQ $QID In my larger longer term accnt. I am NET short for the past 2 months. The zig and zags can be painful but only using 1x and 2x short ETFs. However overall I have mostly been in cash.
- vcondry: @agiaccag $SQQQ $QQQ $QID I have a cash, roth, and ira account. it's hard for me not to do the same thing across the board. I have tried holding longs, but my stops always get hit.... hindsight my IRA would be loaded if I would have never set a stop ($TSLA $AMZN $COST $GOOGL) but no one has gifted me a way back machine yet.
- Cjauger: All the bear tickers are up $UUP, $VIX, $TBT, $UUP $SDS $QID working.
- vcondry: @champ $QQQ $SQQQ #Compunsized #triggers #SQQQ do you prefer $SQQQ over $QID i like the leverage but i guess its more about comfort level and the 2x just seems ... easier
- champ: @vcondry $QQQ $SQQQ $QID #Compunsized #triggers .......$SQQQ...for a fast trade, go for the larger %,..and you just saw many take profits at around $46.10...that was what I did.....I'm now Out.....
- vcondry: @champ $QQQ I sold my $SQQQ earlier but did keep a little $QID ... I just keep reminding myself its September...aka HELL MONTH
- champ: @vcondry $QQQ $SQQQ $QID .....Need to #remember....that this is a #trading Market....this Market is for #Traders only.....you either know how to trade or you don't....and all traders Never get it perfect ... .....but close really does work profits.....LOL
- Cjauger: $SDS and $QID. Back in
- vcondry: @Cjauger $SDS $QID you seeing further downside from here? I'm currently long $SPY puts and got some $QID but hesitant to add with everything already so low.
- jjohn: @vcondry $SDS $QID $SPY https://twitter.com/AlmanacTrader/status/1565670117421326341?ref_src=twsrc^google|twcamp^serp|twgr^tweet Historically the day after labor day is a down day
- Cjauger: @vcondry $SDS $QID $SPY Today's red bar on $QQQ and $SPY looks negative for the market, the only position I would consider is $CASH
- champ: @Cjauger $SDS $QID ....Be #aware that the markets #should turn before the close....going into a 3-day weekend, there is always a lot of pin-action....and also a #whole-lot of guessing going on........ ..........#TGIFriday... is always dance day before the weekend.....and you might have to change your Dance partners a few times, before you get one that you like.....
- vcondry: @jjohn $SDS $QID $SPY thank you for the insight. I might see how this day shakes out and add to those bears at the end of day. I feel like its very rare any positive news outside of a merger happens on the weekends.
- Cjauger: @vcondry $SDS $QID $SPY Partial stop at the VWAP
- sgiseller: @champ $SDS $QID #aware #should #whole-lot #TGIFriday why do my partners always have 2 left feet?
- champ: @sgiseller $SDS $QID #aware #should #whole-lot #TGIFriday....Yes ...and I Hear Ya, for sure and it really does help if you are picky....plus it also helps, if you just dance with the ones, that you have danced with before......and it really is OK, if they do that Texas-Two-Step...because some times that woks out to be your best dance partner...Yes...just let her rest a little...... .......if you Think you can, just don't Think that way.....because the best way to aways Think..... is you should always Think, that you can't......and you really do need, to Think about that.....LOL
- champ: @vcondry $QQQ $SQQQ $QID.....#Trading-Hell, works and as you know, you can do really well trading Hell,......... and the Devil has a class on trading Hell, however he always keeps his class-room, Hot as Hell....but let me know, if you need his eMail address.
- vcondry: @scottrades $SPY not fooling me twice. Long $QID $SDS $SQQQ and all the $SPY puts lol
- scottrades: @vcondry $SPY $QID $SDS $SQQQ I gotta wait till the last hour. Don't want to get chopped up..
- vcondry: @scottrades $SPY $QID $SDS $SQQQ yesterday's final 10 minute action was especially nasty switcheroo. I won't be surprised though if we have an up end to today or an up friday just for short covering...then Monday will be back to the pit of despair.
- Cjauger: @scottrades $SSO closed $SDS $QID
- vitoB: @vitoB $SQQQ $SOXS $SMH out of the $SOXS.. plowing through ma’s but don’t wanna be greedy on a quick 4%….still heavy in $QID
- vcondry: market trying to do a little rally here...figures since im full on bear mode lol. Glad to see oil picked back up a bit. Had bought some more $OXY earlier and thats working so far. Still thinking long $QID $SDS
- scottrades: @vcondry $OXY $QID $SDS Anyone's guess right now.
- Cjauger: @scottrades $SSO $QLD sold half my $QID and $SDS
Stock Price | $34.08 |
Change | 1.82% |
Volume | 2,372,070 |
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the NASDAQ-100 Index?. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.
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