I Stopped Fighting Direction and Made 130% on QQQ
🚨 I’ll be live at with Geof at 2:30 p.m. ET🚨
As SpaceX takes flight and oil hits a 2-month low on positive Iran talks, macro trends are moving fast. Tune in to see the exact setups I’m tracking on my Free Ride scanner to trade these massive shifts! [tap to join us for Profit Panel]
Some days, the market gives you exactly what you don’t want in the morning — and then hands you a second chance if you’re willing to shift direction fast.
This was one of those extreme sessions, the kind where moves happen faster than they should.
We’ve been seeing Six Sigma volatility lately, and this day felt no different, with sharp swings that demanded flexibility. That volatility is exactly why trading both ways worked.
I started the day by getting stopped out on a false rally while trading Nasdaq 100 (QQQ) options, taking a 52% loss.
Instead of forcing the next trade or trying to immediately get the money back, I waited for a clean setup.
There would always be another rally or another drop, and the goal was to be positioned for those moments with the right mix of flyers and defensive plays so you could respond rather than react.
When the market broke lower, I took a put position that returned 180%.
The bounce that followed came right off an important area — around $704, a key support zone that had acted as both supply and demand.
When we tapped that level and reversed, I flipped and took a call. Between both winners, I netted 130% after accounting for the early stop-out.
Why Trading Both Directions Works
At the core of this approach is a simple rule — don’t marry a direction.
Extreme sessions like this create fast opportunities, but you have to trade what price is doing, not what you hoped would happen.
Watching key levels makes all the difference, because the goal is to act only when the setup is real.
That shift away from guesswork is backed by historical behavior. This kind of price action has occurred roughly 23 times before, and each time it has produced new lows shortly after.
The point isn’t to predict, but to recognize patterns that repeat with enough consistency to matter.
Volatile days give you multiple chances if you stay disciplined.
That means cutting losers quickly, waiting for your level and switching direction when the tape confirms the move.
When the environment is this fast, hesitation costs more than losses do.
To better trading,
Alex Reid
WealthPin
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Spotting the Early Signals of Institutional Intent Before Next Week
With the IPO hype reaching a fever pitch…
Institutional money is already moving with intent – not just into the headline names you see debated on financial TV…
But into quieter stocks most traders never notice until the move is already well underway.
This is where preparation matters.
Using my Free Ride Scanner, I’m already seeing early signals of where high-volume capital is lining up.
A handful of names are standing out, and I want to walk you through them all.
I’ll show you:
✅ Why these stocks are drawing attention before the crowd
✅ What the data is signaling ahead of the release, and
✅ How I’m positioning to potentially benefit if the expected momentum shows up over the coming week.
Granted, I can’t make reckless promises on the market here…
But if you’d like to follow the money and understand where pressure is building, then the Free Ride Scanner is your best bet.
P.S. Tomorrow at 1 p.m. ET, join Ezra for a special live event where we’ll break down the biggest opportunities we’re seeing in this market right now. With IPO speculation, institutional positioning, and momentum setups all heating up, this is one session you won’t want to miss. Be sure to reserve your spot now.