I loaded TQQQ from 2021 to 2022 made 86% gain once it started running I sold it with 86% but it's running up If I held j would make over 300% it was not easy to hold on when I was down -64% but I keep buying the dip. When it hit $16 margin call sold some of my shares but I deposited more and bought back more shares at $18
I do dca (Dollar Cost Average) in TQQQ whenever QQQ is over its 200 SMA ( single mooving Average). IF QQQ falls under its 200 SMA I sell all an stay in cash.
What your doing is what I'm thinking is a way to profit from Tqqq. Enter when above moving average and exit when drops below moving average. I'm just trying to decide which moving average on which time chart.
What about a strategy of entering Tqqq when it crosses 70 or 100 moving average (on a yearly time chart)... And exiting when price goes below chosen moving average? Thanks
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I loaded TQQQ from 2021 to 2022 made 86% gain once it started running I sold it with 86% but it's running up If I held j would make over 300% it was not easy to hold on when I was down -64% but I keep buying the dip. When it hit $16 margin call sold some of my shares but I deposited more and bought back more shares at $18
Nice! Your position is definitely up then.
As of Thursday, July 25, 2024, TQQQ is down about -25% in just 2 weeks 😔
Perhaps a good time to buy, but not good for those who already had TQQQ
If you're worried about a 25% drawdown TQQQ is definitely not for you my friend.
I do dca (Dollar Cost Average) in TQQQ whenever QQQ is over its 200 SMA ( single mooving Average). IF QQQ falls under its 200 SMA I sell all an stay in cash.
What your doing is what I'm thinking is a way to profit from Tqqq. Enter when above moving average and exit when drops below moving average. I'm just trying to decide which moving average on which time chart.
Do You Own Any TQQQ?
What about a strategy of entering Tqqq when it crosses 70 or 100 moving average (on a yearly time chart)... And exiting when price goes below chosen moving average?
Thanks
Never looked into it. Something you would have to do yourself.
I don't own tqqq, but I like selling options on it!
That was my bread and butter for a long time :)
How about wheeling QLD instead of TQQQ?
I would have to do a separate analysis on that. But atleast it made it back to all time highs.
@@notafinancialadvisor69 thanks, if you could do for SSO and QLD. Especially doing wheel strategy on it.
@@harshs4542 Will put it on the video list!
Gain Train!
Choo Choo!