I've only bought TQQQ at or below 82.5% of it's high price. Doing this makes it very easy to pick off a quick 20% gain. The only patience required is buying at the right time.
1:25 "(TQQQ) has smaller decreases when the price falls sharply" - is that correct? If TQQQ is triple leveraged, doesn't that mean it would decrease by 3x the amount?
▶Time Stamps 0:00 Start 0:07 Introduction to the Video 0:45 TQQQ Chart Since Inception 1:40 How TQQQ Leverage Works 2:10 Example of TQQQ Returning More Than 3x QQQ 3:45 Using Momentum To Enter Trades 4:50 How I Tested the Strategy 5:35 Profit Targets and Stop-Losses 5:57 Other Exits 7:46 The Difference Between TQQQ and QQQ 9:10 Summary
Lots of people whining about holding tqqq long term. I’d make the argument that holding tqqq is safer than holding any stock. Stocks don’t always go up in the long term. Companies can fail. Major market indexes though go up in the long run. Look at a chart.
TQQQ has not been historically during 2008 recession. HAd it been present then 100% portfolio is wiped off completely. U know what I mean? Tech stocks had good rally so far after 2008 reccession
Hi Could anyone please explain to a beginner investor (me) why long term investing in TQQQ is not better than QQQ since both are always going up? 10 years investment in TQQQ should return 3x the money QQQ returns!? As TQQQ does not liquidate all your money if it drops below certain point like leveraged crypto does for instance, what is the main risk? If it drops, just wait till goes back up!? QQQ goes down 10% in a month, TQQQ goes down 30%, than QQQ recovers and then puts another 20% extra in next 6 months and TQQQ recovers and puts 60% in the same amount of time, if that's corect I am happy to get all in this 😂 Any advice please? 😊
can i please check with you or anyone reading this. lets say the total returns for QQQ for 3 years is +30%, does this mean that the returns for TQQQ during the same period will be +90%?
Hi, it depends on the price action and the historical period you select. The TQQQ tries to achieve 3x the daily performance of the Nasdaq 100 - fees. I've found that during strong Nasdaq uptrends TQQQ gains more than 3x QQQ. During strong downtrends it can lose slightly less than 3x QQQ. During flat and choppy markets it tends to underperform 3x QQQ. This is what Proshares says: www.proshares.com/our-etfs/leveraged-and-inverse/tqqq
If TQQQ is 3x leveraged does that mean the TQQQ options will have a higher % gain compared to QQQ options? I see a lot of things about long term investment for TQQQ could a person day trade TQQQ/SQQQ options and have better returns than just buying QQQ options?
no they don't, tqqq IV is 3x IV of qqq, so the premiums are priced taking that into consideration already so a 1% gain on qqq and 3% gain on tqqq you'll get the same % gain on their respective calls more or less
Hi, I was planning to day trade tqqq by buying on support levels from qqq and spy and now I'm confused about the .95 fee that I read about, would I have to pay that on my day trades?
I'm still trying to figure out how many shares of this tqq or sqq would one need in order to make a reasonable amount of profit because if you hold long-term you suffer time decay or am I misunderstanding something altogether about holding the tqqq and sqqq
Forget about time decay- if it happens it won't be for long. Look at a long term chart- the problem is getting giddy when its High, and then leaving your stomach behind when it loses 80% .. I'm a long term holder ( relatively speaking). You simply need to keep adding...
That momentum indicator is very nice. Is it stock or have you programmed that too? I use tradingview for checking over charts, but i cant find anything with the similar green red and middle line break scheme.
The latest versions of my 21 Technical Indicators & Candlesticks Spreadsheets (new formulas & descriptions) are available for instant download in my Spring Store: teespring.com/stores/tradinformed
Indeed. I've watched several videos on TQQQ, SQQQ, and other leveraged funds, and no one ever points out the .95%, or higher, expense ratio. It seems that you have to make at least about 1% just to break even, so if you bought in at $100, and you sell off at $105, you've made $4. (Unless there's something I'm missing?)
@@delmarva_exer9260 .. have been looking at this aspect for a while and it is still a mystery .. no one seems to be able to answer exactly what and where the fee occurs
@@delmarva_exer9260 expense ratios are calculated into the price on a daily basis, there isn't a separate charge you are personally going to incur. There is a lot of daily work that happens at closing each day that rebalances the price based on the underlying assets and expense ratios and lots of other things.
@@TerryJulianLive the concerns i have is calculating the shortterm capitals compared to a hold longer than a year on anon tax differed or tax free acct
What is your TQQQ trading strategy? I trade both TQQQ and SQQQ at the same time. I buy both simultaneously, which gives me a neutral position in any market at any point. As the market moves in one direction, I realize my gain on either side ...
@@jorgeenamorado4782 Obviously NO ... wouldn't make any sense. You have to create a small window for yourself, when you exit one, while ridding the other. Exit in small portions in the right direction is where you make the big bucks. There are various techniques to do that ... and this is where a trading robot comes handy. Basically you are turning a stock market problem into a mathematical /programming problem ... The other good thing about this is .. you can make money regardless of the direction of the market. You don't need to chase "winning stocks" ... cause there is a winner every trading day. Very good for steady consistent income (if that's what you looking for).
![How To Use Market Profile [START NOW] | Trading Tutorials](/img/1.gif)
I've only bought TQQQ at or below 82.5% of it's high price. Doing this makes it very easy to pick off a quick 20% gain. The only patience required is buying at the right time.
How's that working for ya
@@timb787 I've doubled and tripled down. I'm happy with my average price.
@@mbrouder How is it going on Tqqq..Is it the time to go all in.
Buy some now, buy more later. Be patient, it will have it's day.
Update? How much are you making in % each year? Did you survive 2022?
1:25 "(TQQQ) has smaller decreases when the price falls sharply" - is that correct?
If TQQQ is triple leveraged, doesn't that mean it would decrease by 3x the amount?
Best video ssen on the market after 2 years, BRAVO!!!!
▶Time Stamps
0:00 Start
0:07 Introduction to the Video
0:45 TQQQ Chart Since Inception
1:40 How TQQQ Leverage Works
2:10 Example of TQQQ Returning More Than 3x QQQ
3:45 Using Momentum To Enter Trades
4:50 How I Tested the Strategy
5:35 Profit Targets and Stop-Losses
5:57 Other Exits
7:46 The Difference Between TQQQ and QQQ
9:10 Summary
Great video Mark! Where to get macro spreadsheet like the one you showed?
Lots of people whining about holding tqqq long term. I’d make the argument that holding tqqq is safer than holding any stock. Stocks don’t always go up in the long term. Companies can fail. Major market indexes though go up in the long run. Look at a chart.
Good point Thomas
So true!!
TQQQ has not been historically during 2008 recession. HAd it been present then 100% portfolio is wiped off completely. U know what I mean? Tech stocks had good rally so far after 2008 reccession
@@vishaaal2398 it would still be up WAY more than the S&P index… even if you bought at the top of 2008
Mark so you put the stop loss at 1% and exit fro tqqq after3% gain? did I understand you correctly? BTW this is very helpful for new traders like me
Hi
Could anyone please explain to a beginner investor (me) why long term investing in TQQQ is not better than QQQ since both are always going up? 10 years investment in TQQQ should return 3x the money QQQ returns!?
As TQQQ does not liquidate all your money if it drops below certain point like leveraged crypto does for instance, what is the main risk? If it drops, just wait till goes back up!? QQQ goes down 10% in a month, TQQQ goes down 30%, than QQQ recovers and then puts another 20% extra in next 6 months and TQQQ recovers and puts 60% in the same amount of time, if that's corect I am happy to get all in this 😂
Any advice please? 😊
can i please check with you or anyone reading this. lets say the total returns for QQQ for 3 years is +30%, does this mean that the returns for TQQQ during the same period will be +90%?
Hi, it depends on the price action and the historical period you select. The TQQQ tries to achieve 3x the daily performance of the Nasdaq 100 - fees. I've found that during strong Nasdaq uptrends TQQQ gains more than 3x QQQ. During strong downtrends it can lose slightly less than 3x QQQ. During flat and choppy markets it tends to underperform 3x QQQ. This is what Proshares says: www.proshares.com/our-etfs/leveraged-and-inverse/tqqq
If TQQQ is 3x leveraged does that mean the TQQQ options will have a higher % gain compared to QQQ options? I see a lot of things about long term investment for TQQQ could a person day trade TQQQ/SQQQ options and have better returns than just buying QQQ options?
no they don't, tqqq IV is 3x IV of qqq, so the premiums are priced taking that into consideration already so a 1% gain on qqq and 3% gain on tqqq you'll get the same % gain on their respective calls more or less
love your explanations = is there expiration date to TQQQ ??
Good vid was better playing at 1.25x speed as well hah
Lol!
I say 1.5x
1.5
I've been holding tqqq for 7 days and I'm up 9 percent this stock is really good to hold long term in my opinion its an amazing growth stock
Hi, I was planning to day trade tqqq by buying on support levels from qqq and spy and now I'm confused about the .95 fee that I read about, would I have to pay that on my day trades?
No. A fee of .95 means the fund will take $9.50 for every thousand invested over the course of the year
I'm still trying to figure out how many shares of this tqq or sqq would one need in order to make a reasonable amount of profit because if you hold long-term you suffer time decay or am I misunderstanding something altogether about holding the tqqq and sqqq
Forget about time decay- if it happens it won't be for long. Look at a long term chart- the problem is getting giddy when its High, and then leaving your stomach behind when it loses 80% .. I'm a long term holder ( relatively speaking). You simply need to keep adding...
Can u use the wheel strategy on the tqqq
Can we do sip in TQQQ ETF
Plss answer this
shorting the TQQQ seems like a terrible idea............really really bad idea. ...why tf would you short an index? if you're so sure, buy SQQQ????
Interesting video. I did not understand the long and short volatility filters. Can you explain with a bit more detail ? Thanks.
Good stuff! Gave me a lot of ideas to think about. 👍
Please do an ebook on tqqq.
That momentum indicator is very nice. Is it stock or have you programmed that too? I use tradingview for checking over charts, but i cant find anything with the similar green red and middle line break scheme.
Hi Rod, thanks for the question. The chart is from ProRealTime. I use them for videos because they are clear and look really good.
I love these videos, could you please post more, thanks.
Thank You Mark !
Don´t You use the VIX (or vixy) + Stochastics + Bolinger + RSI as evaluation elements for the TQQQ & SQQQ trades?
momentum
The latest versions of my 21 Technical Indicators & Candlesticks Spreadsheets (new formulas & descriptions) are available for instant download in my Spring Store: teespring.com/stores/tradinformed
I just dca tqqq and never lose. DCA will help you ride the drops
DCA?
@@manp1039 dollar cost average = just keep routinely buying shares and holding
@@josephc3249 especially on dips, it’s way simpler. TECL tends to outperform TQQQ, i am just gonna hold both but more in TQQQ
what about the fee for trading it?
Indeed. I've watched several videos on TQQQ, SQQQ, and other leveraged funds, and no one ever points out the .95%, or higher, expense ratio. It seems that you have to make at least about 1% just to break even, so if you bought in at $100, and you sell off at $105, you've made $4. (Unless there's something I'm missing?)
@@delmarva_exer9260 .. have been looking at this aspect for a while and it is still a mystery .. no one seems to be able to answer exactly what and where the fee occurs
@@delmarva_exer9260 expense ratios are calculated into the price on a daily basis, there isn't a separate charge you are personally going to incur. There is a lot of daily work that happens at closing each day that rebalances the price based on the underlying assets and expense ratios and lots of other things.
How to get that file?
what if i want to hold this for 3 months
what if we hold for 8...market has to come back as always...its almkst a safe bet with the shares so cheap i think..
@@globaltraders1338 great return if you got in at the bottom
@@TerryJulianLive the concerns i have is calculating the shortterm capitals compared to a hold longer than a year on anon tax differed or tax free acct
Did you account for capital gains taxes you need to pay every year ?
i was wondering the same thing.. maybe it might be less of an issue in a ROTH IRA where there is no captial gains tax for trades within the ROTH IRA?
Cant you just say T triple q
I trade TQQQ almost on a daily basis, and I will tell you that you have some flawed outlook/understanding on TQQQ.
What is your TQQQ trading strategy? I trade both TQQQ and SQQQ at the same time. I buy both simultaneously, which gives me a neutral position in any market at any point. As the market moves in one direction, I realize my gain on either side ...
@@henrim9348 How does that strategy working out so far. I kinda have the same thought
Henri M I’m confused how are you making any money if you are buying the same amount of leverage in the inverse etf as well?
@@henrim9348 Do you sell both at the same time as well?
@@jorgeenamorado4782 Obviously NO ... wouldn't make any sense. You have to create a small window for yourself, when you exit one, while ridding the other. Exit in small portions in the right direction is where you make the big bucks. There are various techniques to do that ... and this is where a trading robot comes handy. Basically you are turning a stock market problem into a mathematical /programming problem ... The other good thing about this is .. you can make money regardless of the direction of the market. You don't need to chase "winning stocks" ... cause there is a winner every trading day. Very good for steady consistent income (if that's what you looking for).
Lee Ronald Wilson Christopher Walker Linda
This strategy is terrible! You will loose money. Nobody should do this.
Why?
So wrong
Completely eviscerated
what happenned?