No. of Recommendations: 4
you mentioned you hold SSO and TQQQ. If you don't mind me asking, what do you use them for? You said you held them a long time, is it just beta harvest while things are particularly crazy? I haven't used any 2x or 3x daily etfs but have been curious.I got started on TQQQ after an article I read. Pull up a chart. Hugely volatile but profitable long term.
It's gone from 84 down to 56 in the last month.
And from 58 to 84 in the couple of months before that.
I looked at some timing methods, settled on "QQQ no new 90 day high in the last 90 days". Look at the signal once a week. That reduces the volatility and the CAGR.
The stats from my spreadsheet, 2/12/2010 - 11/6/2025:
TQQQ B&H Timed
CAGR 42.5% 43.6%
stdev 61.2% 56.4%
$260,728 $291,890 <<--$1000 grows to...
Drawdown figures:
MaxDD -82% -58%
# days 3957 3957
# DD >50% 441 42
# DD >25% 1137 991
The 10/14/24 lot is sitting at 1.34X QQQ, not the 3X daily leverage.
The 10/8/25 lot is 0.40X.
I got some SSO in March that I still hold. Earlier did some short-term trading of it.
testfol.io: Portfolio Backtester for ETFs and Asset AllocationI am torn about these. The profits are nice, but it's only about 1% of my total portfolio. So even a double doesn't move the total that much, so why bother?
I dunno, but this seems like it might be worth the risk to buy some right about now, after the big dump that QQQ just did. My market timing signal is still saying to be invested.
---------------------------
I subscribe to a guy on seekingalpha, "CEFs: Income + Opportunity by Douglas Albo"
seekingalpha.com - Cefs income opportunityAn "opportunity" he recently mentioned was UTSL (3X Utilities Select Sector Index).
Since 9/1 that's up 8.3% which is 2.53X of ^IXU.