Thank you Randy!

Regardless of a Nov entry on a QQQ swing short position or the more recently highlighted (for a pullback trade) QQQ short around 280, one should have stops that are commensurate with their own unique price target(s).

If you are targeting another major leg down in the bear market that might take the Q’s well below the Oct lows, say to my 235ish weekly target, that would be about 16% below the recent entry at 280 so a 5-8% stop loss above 280 would offer a decent R/R while also giving the Q’s a little more room to make another test of the 200-day MA’s and the primary bear market downtrend line.

If your Nov entry was at the two levels I highlighted at the bottom & middle of my “most likely bounce target zone” (with the 2nd/middle entry in pre-market at the 200-day MA’s & downtrend line) for an average entry price around 300, then you could allow for a slightly higher stop –or– lower your stops now to either assure a profit or breakeven on that trade, should QQQ continue to rally much above 280.

Nat gas is still testing and (so far) holding that long-term support on the weekly chart so a stop somewhat above the recent lows makes sense IMO. Also, it is imperative to beta-adjust a position size in nat gas down enough to account for the above-average volatility and gain/loss potential.

Any suggestions???