looks very interesting! I like how, in contrast to many QQQ strategies, it takes the years 2000 bis 2003 into full account. I imagine the CAGR would be a lot better if it started in 2003.
No TQQQ strategy that can't easily handle the Dotcom bust is worth its salt, so that's where I'd begin. In fact, for robustness, I'd try to imagine an even worse kind of environment for tech stocks. Like, a few more drawdowns, and in addition have it go on a few years longer. One of my axioms is: something will always happen that has never happened before, so it's not good enough to perform reasonably well in a backtest. "Next time" might be a combini of Dotcom bust + Japan's 30 years of consolidation...
just in time! I just switched to 30% TQQQ sleeve in my IRA account.
I will review the paper and your strategy and run some tests to confirm if I should adapt the paper's strategy or your strategy or my current strategy which is quite simple.
as I trade manually I need a strategy that doesn't trade too often
looks very interesting! I like how, in contrast to many QQQ strategies, it takes the years 2000 bis 2003 into full account. I imagine the CAGR would be a lot better if it started in 2003.
No TQQQ strategy that can't easily handle the Dotcom bust is worth its salt, so that's where I'd begin. In fact, for robustness, I'd try to imagine an even worse kind of environment for tech stocks. Like, a few more drawdowns, and in addition have it go on a few years longer. One of my axioms is: something will always happen that has never happened before, so it's not good enough to perform reasonably well in a backtest. "Next time" might be a combini of Dotcom bust + Japan's 30 years of consolidation...
Yeah, the period after the dotcom bust has been pretty good for tech stocks, last few months notwithstanding. ^^;
just in time! I just switched to 30% TQQQ sleeve in my IRA account.
I will review the paper and your strategy and run some tests to confirm if I should adapt the paper's strategy or your strategy or my current strategy which is quite simple.
as I trade manually I need a strategy that doesn't trade too often