buy sqqq 3x nasdaq etf to hedge your long portfolio or as a spec

Updated
buying the sqqq which is actually getting short the nasdaq mkt. the mkt is over done and due for a significant pullback, i see the naz possibly dropping by 5 % by the end of december
Trade active
booom . nailed it
Trade closed: target reached
a few days ago i got my 5 % sell of fover a few days closing this and it was before christmad even!!
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