Strategy description

Our trading strategy is focused solely on the QQQ, an ETF that tracks the performance of the Nasdaq-100 Index. By concentrating on QQQ, we tap into a pool of high-performing, non-financial sector companies with significant growth potential. This exclusive focus allows us to develop an in-depth understanding of QQQ’s trends, movements, and volatility patterns, enabling us to make highly informed trading decisions.

We carefully monitor QQQ to identify periods when it becomes oversold, signaling a potential buying opportunity. By waiting for these conditions, typically identified through key technical indicators, we aim to capitalize on price dips that are likely to recover, enhancing our chances for profit. This disciplined approach ensures that we enter the market when the upside potential is highest, mitigating risks associated with buying into inflated prices.

Our strategy employs the Internal Bar Strength (IBS) indicator, a valuable tool in assessing the relative strength or weakness of QQQ on a given day. When the IBS indicator shows that QQQ is overbought, we strategically exit our positions to lock in profits and avoid exposure to potential downturns. This precise timing mechanism helps us optimize our gains while effectively managing risk, making our approach both disciplined and data-driven.