No. of Recommendations: 3
Thanks, Aussi.
Somewhere back in the days I remember seeing a strategy that said if you could short the combination of leveraged ETFs (eg, short both TQQQ and SQQQ), taht you would be market neutral but the percentage ratchet of each day would grind money out each year. I want to test this out on GTR1, but alas my skills are not that great (though it should be a relatively easy one to do).
As I seem to recall, the idea is to short equivalent dollar amounts of TQQQ and SQQQ and hold for a year (the best I can do on stock charts is the ratio of them).
--G
