$Proshares Ultra QQQ ETF(QLD)$
*Post for Viewers: 1 Year with $QLD + What’s Next*
Big update: It’s been 1 year since I started building a position in $QLD - ProShares UltraPro QQQ 2x Nasdaq ETF.
*Result*: Portfolio is up big. Caught the AI + tech rally from late 2024 into 2026. QQQ made new highs and 2x leverage did its job on the way up.
*So what’s my strategy now?*
This is how I’m thinking about it:
1. *Respect the win*
Leveraged ETFs like QLD are trend-followers, not long-term holds. When the trend is up, they compound fast. When it reverses, they drop fast. I don’t get married to the position.
2. *My current plan*
- Booked partial profits already. Secured capital + some gains.
- Rest of position runs with a trailing stop. If QLD drops 15-20% from highs, I’m out. No debate.
- If Nasdaq breaks below key support/200-day MA, I reduce leverage. QLD → QQQ. Less risk, same theme.
3. *Lesson for everyone watching*
Big profits come from 2 things: 1) Right theme, 2) Right risk management.
Making money is step 1. Keeping it is step 2. Don’t let a 100% gain turn into 20% because you didn’t have an exit plan.
*Key levels I’m watching for $QLD*:
Support: $60-62 zone = 50-day MA
Resistance: $70-72 = recent ATH area
Break $72 with volume = momentum continues. Break $60 = time to derisk.
This worked for me this cycle. Your risk tolerance, timeline, and goals are different.
_Not financial advice. This is my personal strategy and how I’m managing my own position. Do your own research. Leveraged ETFs can lose money fast.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
