nibor100 1,103 posts msg #145278 - Ignore nibor100 |
11/15/2018 1:11:03 PM
I recently watched a video of a weekly strategy for equal parts of TQQQ, TNA, and UPRO, long only, using 2 period and 5 period EMA crossovers and a 10% trailing stop, that gained 36% in 2017 and 27% thru Oct 1st this year.
That way undershoots the potential gains of ~$2.4 million in 2018 of trading TQQQ alone on a daily basis with perfect timing and direction starting with initial principal of $1,000 on Dec 29th..
Buy and Hold of TQQQ thru Oct 1st would have netted 54.4%.
Would be nice if there was a high probability way to end up somewhere between the 54% and the +2M...
Ed S.
|
sandjco 648 posts msg #145280 - Ignore sandjco |
11/15/2018 6:19:25 PM
Hi Ed,
Thanks for dropping by. I've seen variations of rebalancings and in the end, all the backtesting may not end up working out as it should either because of (a) our own doing, or (b) some black swan event takes place (ala XIV implosion).
As I really don't know "what type" of player I am in the market, I am just trying to find my way with the goal of being able to "trade" naturally based on the data (price and volume) that I am seeing. Except for this portfolio, all my other accounts are B&H from since the days I was still excited to see a Playboy mag under wraps in a bookstore!
Right now, I'm experimenting in building a base with TQQQ and then selling a % (or all..still unclear or unsure) of it when it hits certain target levels (price or ?) and then adding back again during dips. Of course, this assumes the overall trend is up. What if it continued to go down? I don't know...I've pre-set my stops.
The goal...is to "compound" the wins.
So far:
TQQQ $50.20 (cost $50.75)
UWT $19.47 (cost $18.50)
Picked up DGAZ; i'll use close $4.70
Cheers
|
sandjco 648 posts msg #145289 - Ignore sandjco |
11/16/2018 8:07:00 AM
NVDA disappoints...a pickle after hours!
What will the market do next?
|
sandjco 648 posts msg #145318 - Ignore sandjco modified |
11/20/2018 8:25:15 AM
Is it different this time? More to go?
Will we have an Xmas run? Ain't a loss till you sell apparently!
Catching a falling knife? Added at $44.89 using close.
Stubbornly sitting on DGAZ currently at $2.68
Only UWT is working out so far.
|
sandjco 648 posts msg #145320 - Ignore sandjco |
11/21/2018 1:13:27 AM
Stopped out of UWT using $15.98. Ouch!

|
shillllihs 6,102 posts msg #145321 - Ignore shillllihs |
11/21/2018 1:36:18 AM
I like UWT, and so does Ron Popeil, set it and forget it.
|
sandjco 648 posts msg #145346 - Ignore sandjco |
11/26/2018 6:43:47 PM
$45.30 added more of em TQQQ hope I don't smell like I got BBQ'd later!
Popeil ..shil...u got too many of his gadgets?
|
sandjco 648 posts msg #145440 - Ignore sandjco |
12/3/2018 7:06:13 PM
$53.29 EOD. Time out for trade war with China. Xmas run?
|
sandjco 648 posts msg #145452 - Ignore sandjco |
12/4/2018 12:33:51 PM
Stopped out at $50
|
sandjco 648 posts msg #145473 - Ignore sandjco |
12/6/2018 11:17:59 PM
Bought using EOD $48.12

|