SPY200SMA (+4%/-3%) TQQQ/QQQ STRATEGY by freefighter07
By freefighter07
Performance Metrics
- Author: freefighter07
- Symbol: AMEX:SPY
- Timeframe: 1 day
- Net P&L: +19,623,447.84 USD (+1,792.58%)
- Win Rate: 100.0%
- Max Drawdown: 1,134,577.96 USD (8.43%)
- Total Trades: 12
Description
Summary of the Improved Strategy: When the price of SPY is +4% above the 200SMA BUY TQQQ and when the price of SPY drops to -3% under the SPY 200SMA SELL everything and slowly DCA into QQQ over the next 6-12 months or until price returns to +4% above the SPY 200SMA at which point you will go back into 100% TQQQ. Note: (if the price of QQQ goes 30% above the 200SMA of QQQ deleverage to QQQ or Sell to protect yourself from dot com level event)More info and stats -reddit.com/r/LETFs/comments/1nhye66/spy_200sma_43_tqqqqqq_long_term_investment/