QUBT Long Potential Reversal from Demand Zone

1月17日

The Quantum Computing Inc. (QUBT) stock has retraced to a 15min demand zone after a strong rally. With confluences from RSI, volume profile, and order blocks, a reversal seems plausible.

Strategy: Look for bullish confirmation (e.g., break above $10.70 or crossing the trend line before entering the trade.

Trade Plan:

Entry: ~$10.60
Stop Loss: $10.12
Take Profit: $13.44

Position Size: Adjust based on risk tolerance, ensuring 1% account risk per trade.

(RRR): Approximately 1:6,

Risk Management:

If the price closes below the demand zone ($10.05), then avoid entering the trade if bearish momentum increases below $10.05

Trade Advice:

Plan Your Trade:

Define your entry, stop loss, and target levels before placing the trade.
Stick to your risk management plan, risking no more than 1-2% of your account per trade.

Wait for Confirmation:

Look for additional confirmation signals (e.g., a bullish candle pattern or a surge in volume) before entering the trade.

Set Alerts:

Use alerts to monitor key levels like $10.50 (for potential entry) and $10.01 (for stop loss).

Be Prepared for Volatility:

Stocks like QUBT may experience sudden price swings. Use appropriate position sizing and avoid overleveraging.

Review and Learn:

Analyze the trade outcome, whether successful or not, to identify lessons for future setups.

"Trading requires patience, discipline, and a solid understanding of risk management. Never trade with money you cannot afford to lose."

2月13日

トレード終了: ストップロスに到達

SL was very tight though, we got tagged but then the price went to our TP 5:1, sad!
Next time I should consider a bit of a buffer using ATR