The Speculative Stocks....

[fenders53]

(10-20-2021, 09:14 AM)ken-do-nim Wrote:

(10-19-2021, 09:30 PM)NilesMike Wrote: I've held this back out of fear what Ken- do- nim might do with, no disrespect intended Ken.

Backtested from 1/2010 (TQQQ inception) to 2/2020 then went live.

Go long TQQQ after VIX closes> 30 then closes <30 on 2 consecutive days. Enter on open of Day 3. Exit when VIX closes>30, at next day's open.

That's it.
Backtested for 10 trades, return 2,370% (no typo)
Went live 5/12/2020 for 7 trades (last one still alive), return 345% to date, could go higher or lower depending on close of current trade.

Trade it small, 10K at onset, 5/2/2010 is currently 668,195 (compounded). From 5/12/2020, 10K is 44,455

Good to know about the VIX trick!

My March/April 2020 TECL purchase of $1,627 is now worth $10,143.

I am definitely not averse to leveraging the Qs.  I've seen it done a lot of ways with options or just the leveraged ETF.  I was really hoping QQQ would get rocked last month.  It won't always go like 2020 but the risk-reward is very acceptable after a hard dip.  A dip that would likely trigger Mikes trade.