Replies to post #4836 on DayTrading QQQ Swings (QQQ)

[spdpro]

Take the coin! 30.68

[skoosht]

LOL, to be perfectly honest I have no idea why it is up at all. haha!! I've given up on trying to figure it out and just go with the flow. You might have a bit more up but not much. I'd say we start tanking towards the close. S&P will close below 800. They will probably ramp it up again on M2M news tomorrow, then short for the horrible unemployment numbers later. Then again who knows, we seemed to rally on absolutely horrible unemployment news today. Take your profits when you can. There's always tomorrow. :)

[blasher]

How would you feel if . . . ...

1 - you Banked Profits and stopped stressing .. then QQQQ went a little higher and you missed out on a little more Profit
2 - you Held Calls and QQQQ went a little higher and you made a little more money, but added stress until then
3 - you Held Calls and stress .. then QQQQ went lower and you didn't make as much as you could now
4 - you Banked Profits and stopped stressing .. then QQQQ went a little lower so you made the right choice!

Whichever one feels better, do it ...
whichever one would feel the worst, do NOT do that one.