%% I just did a comparasion chart between QLD +tqqq; but didnt learn much because it wrongly did not split adjust QLD/LOL And then a comparison chart % between QQQ + tqqq. OF course TQQQ makes much more as a long term investment/uptrend; but trading,QQQ allows profit taking much more of the time.[For this study i assumed buy the monthly high/all the time/past 3 years.[Of course buy the bear market hi in tqqq = the best way to get killed in price]✔✔ Also that chart is somewhat misleading/even though the % change between QQQ+ TQQQ is reasonably CONSTANT\\ TQQQ went far below QQQ in price[ much bigger drawdowns]
Good point re TQQQ, it and SPXL are my 2 favorite long ETFs. Will test rms idea of buy close sell open in s&p via SPXL next week starting first green day. Will test with inverses TZA SQQQ SDOW on red day. I rebought a bit of inverses Friday right at end of day in case selling Monday, didn't hedge much other than long CGC PFE etc.
Lol but at least I'm hedging partially with long CGC PFE etc.. . Mkt's near resistance. Will rotate into SPXL TQQQ if breakout continues
You're giving yer age away here. *Ahem* Dude, nobody ever uses the term "computer terminal" anymore. They have not for 30+ years. IMSAI epshi!
%% SPXL/UPRO is strangely strong this month; QLD looks good also/good exit today. Will not know about TECS trend until monday or tues close. Looks like the virus is going to take out some the rioters/mob.I almost never do just in time paper or water/LOL
%% True; but i was comparing SPXL/UPRO trend to QLD +TQQQ year to date trend/gains. [Strange , in that UPRO/spxl did about 100% in 2019]