shillllihs 6,044 posts msg #145281 - Ignore shillllihs |
11/15/2018 6:24:27 PM
If anyone has any good day trading or swing trading systems for TQQQ SQQQ long, post them here. They are the best moving ETFs. Just a nice in out system.
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johnpaulca 12,036 posts msg #145284 - Ignore johnpaulca |
11/15/2018 9:38:28 PM
Note; not a system, not back tested, only a setup for the way I would trade this using multiple indicators
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shillllihs 6,044 posts msg #145285 - Ignore shillllihs |
11/16/2018 12:36:38 AM
Layering is a good idea. I’d like to see this and other ideas put in a entry exit filter format.
Always easier to go long a long etf than long a short etf as that is less predictable.
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sammyn 81 posts msg #145355 - Ignore sammyn modified |
11/28/2018 7:52:17 AM
a meager attempt:
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nibor100 1,031 posts msg #145361 - Ignore nibor100 |
11/28/2018 9:28:03 AM
@sammyn,
Interesting filter!
Do you have specific entry criteria and exit criteria for TQQQ?
Thanks,
Ed S.
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sammyn 81 posts msg #145365 - Ignore sammyn modified |
11/28/2018 10:22:56 AM
I'm currently not trading on it....I'd love to say I came up with the ROC/relstrength code, but, I found it on the forums somewhere.
It's something I'm monitoring. I'm looking at trading on the CCI cross overs, and the ROC for verification.
Here is a slimmed down filter:
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shillllihs 6,044 posts msg #145370 - Ignore shillllihs |
11/28/2018 12:52:27 PM
Nice contribution and it looks promising.
My concern with this is chop would hurt you and when it enters nicely, which it does on several occasions, you give a lot back on exits. Otherwise good job.
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sammyn 81 posts msg #145371 - Ignore sammyn |
11/28/2018 1:37:00 PM
Agreed on the chop. This is just something I'm churning around in the back of my head, and am looking for ideas to help prevent whipsaws...
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shillllihs 6,044 posts msg #145372 - Ignore shillllihs |
11/28/2018 2:05:49 PM
Yeah it’s not a perfect game and probably never will be. Chop is virtually impossible to control.
Perhaps improving on exits when you get a good run?
Or a riskier play would be to short to take advantage of decay but not a good idea.
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sammyn 81 posts msg #145383 - Ignore sammyn |
11/29/2018 8:21:27 AM
just throwing this out there...maybe someone can improve upon it, or get some creative juices flowing
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