TQQQ trade ideas
TQQQ 25-day Moving Average Strategy vs Buy and HoldMay 2018 to May 2020
25-day MA return = 45%+56%+17%+67% = 185%
Buy and Hold = 36%
This is 185% return is better than the 50-day MA return of 147% ()
However, you'll have to subtract maybe 20% from that 185% for false-positive loss sales where it just briefly crossed the line.
Short term: Neutral to BearishI'm hoping for lower prices on the TQQQ.
In my opinion, the short term is overbought.
Don't mean it can't go higher, but for me, I'm waiting for lower prices.
I'm buying the dips on the TQQQ.
.
Happy Investing!
Disclaimer: These are my opinions, this is what I'm thinking and doing. This is for educational proposes only. Please consult with a professional licensed Broker for financial recommendations.
Chaos is Coming !Starting my short on TQQQ because i want short exposure to leveraged funds.
I am pretty sure it is these funds that are responsible for the major gaps the last 10 min, and it does not seem like institutional investors are joining, but retail is almost at all time highs.
Meanwhile $DXY looks like it is ready for a face ripper :
I have no idea what the catalyst will be, my guess would be fact checking the employment numbers today over the weekend. If the Donald fudged the numbers, that would be a significant event never seen before in US markets. We're not talking about rounding up to the nearest percent, it seems like a flat out lie.
I hope this is not the case as this will spell pain for a lot of people.
OPENING: TQQQ JULY 17TH 55 SHORT PUT... for a 2.73/contract credit.
Notes: Background implied isn't what it was a few short weeks ago, but it's still pretty high here at 89.6%. Looking to "wheel" this (i.e., short put, acquire, cover) if it breaks down; otherwise, perfectly happy to keep the premium. 5.22% ROC at max (if cash secured).
How to trade 3x ETF's?How to trade 3x ETF's?
When to trade 3x ETF's?
When to hold 3x ETF's?
For how long should you hold 3x ETF's?
The Answer is worth millions, enough to generate enough income for the rest of your life, and it is simple.
TREND is the answer.
Holding it as long as it is TRENDING. There are enemies on your way of trending, noises.
Trading with the trend is The Only Way and the Best Way.
Keep it simple my friends.
TQQQ - Leveraged Bull NASDAQ TQQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ. Could be worth a watch over the next few weeks especially if market starts to recover. Not a buy and hold trade. I was long on it today which created some nice gains.
Nice ReversalThe market may continue higher, but I don't trust the stock market at the time, don't want to get hit by a Freightliner.
Hoping for a string of 4 to 5-day rally, not a one-day wonder like today (great reversal, give credit when credit is do).
It may not happen, but I'm hoping for a retest of today's lows on the TQQQ.
Happy Investing!
Disclaimer: These Ideas are solely intended for educational purposes only. This is what I'm thinking and doing. These are strictly my personal opinions. Please consult with a licensed financial Brokerage for professional recommendations.
FlatFor me, it's saver to be on the sidelines, the futures on the Nasdaq 100 are up 68.75,
but just like Monday evening the Nasdaq 100 futures were way up and weaken right from the get-go, first hour of trading.
I'm patiently waiting, hoping for lower prices, soon.
This what I'm doing and thinking, this Idea is not intended for investment purposes.