What would a good ETF/fund be to balance TQQQ?

Discussion in 'ETFs' started by Saltynuts, May 23, 2021.


  1. Thanks! Isn't that saying basically if the ETF drops by 75% or more than you are going to get cashed out at the value it dropped to? I'd be OK with that in the TQQQ context as least, never going to drop 75% in one day, that would mean QQQ dropped like 25% in one day. If that happens EVERYONE is in trouble, not just holders of TQQQ. I was wondering if it ever happened when the ETF sponsor, in this example, owes you the $25 bucks after your $100 investment crashes on a 75% down day, but can't pay you the $25 so you get shorted. Don't think that has ever happened.

    And remember, I only have [10%] of my account starting out in TQQQ, so when QQQ drops 25% I'm still down less than [10%] vis-a-vis my original account balance (assuming I put the other [90%] in short-term bond funds, for example, looking for alternatives, hence this thread). You have 100% in QQQ, so you are down 25%. Its these GIANT logarithmic returns that, along as you can stomach big drawdowns to your FUTURE EXTRA HIGH account balance, allows one to kick so much a$$. Start small to avoid big drawdowns, let that compound, grow rich....
     
    Last edited: May 24, 2021
    #51     May 24, 2021
  2. traider

    traider

    QQQ can balance TQQQ. Short QQQ and long TQQQ. Market makers profit
     
    #52     May 24, 2021
    murray t turtle likes this.
  3. manic

    manic

    You'd want to do the opposite.

    You would actually get pretty good returns shorting TQQQ and going long QQQ. You'd even get a negative beta, meaning this could be a good hedge.
     
    #53     May 25, 2021
  4. wmwmw

    wmwmw

    Suicide strategy.
    If you set 50%|50%, blow up account for nearly 100% probability.
     
    Last edited: May 25, 2021
    #54     May 25, 2021
  5. %%
    LOL market makers profit on tqqq/profit;
    turned out right on this year/\ espcially if profit targets were aiming for for more than market makers profit.
    QLD pays a dividend, most likely not as good as market makers yearly profit
     
    #55     May 25, 2021
  6. notagain

    notagain

    ZF 5yr T-Note futures could do it with TQQQ
    Screen Shot 2021-05-31 at 7.59.47 PM.png
     
    #56     May 31, 2021
  7. Nice notagain. Can I test that on yahoo finance? Historical data looks like it goes back to 2000 so it looks like I can. Will follow up!!!
     
    #57     May 31, 2021
  8. notagain

    notagain

    Hold ZF while it's above it's daily 200 sma
     
    #58     Jun 1, 2021