### 3x ETF STRATEGY ONE is KILLING ME

April 26, 2013
– Comments (6) |
RELATED TICKERS: DGAZ
, AFFY
, UNXL

Below you will find 6 different experiments/strategies to find the elusive formula that doubles your portfolio in one year or less. I started this journey on April 16, 2013 with The 3x ETF Strategy One. This strategy to date has been an unmitigated disaster, losing approximately 19% in a little over a week. I'm shocked how poorly it has performed.

There is no doubt that I have learned a great deal already about how to trade the 3x etf's. Although it's only been a little over a week, it appears that if a 3x ETF has a big move one day, it is highly likely that it will reverse more often than not the next trading day.

One thing I am certain about is that, I will find at formula that has a very high success ratio. The question is whether or not the formula can consistently perform at a high level. I have high hopes for both of the long strategies that are being tested. Long Strategy One is a pure play based on a technical set up and Long Strategy 2 is more of a momentum play. The results for the strategies are below:

3 X ETF STRATEGY II this strategy is designed to hold for 1-4 weeks

Trades:

4/24-bought 1024 shares of DGAZ at $9.77

Initial Investment: $10k

Current Balance: $10,174.00

2% profit

Annualized return 500%

LONG STRATEGY II this strategy holds the stock for 1 month

Trades:

4/22-DGIT-bought 1567 shares at $6.38

initial investment: $10k

Current Balance: $10,906.00

9% profit

Annualized Return: 1,170%

PUT OPTION STRATEGY

based on buying leaps for stocks headed to bankruptcy

this strategy is a buy and hold type strategy

Trades:

4/18-AFFY, 10 January 2014 $3 contracts at $2.20

4/18-short 1889 shares of BIOF at $4.13

-there are no options available on this stock but I am pretty certain they will go bankrupt so I'm going to include this in the strategy anyway.

initial investment in this strategy: $10k

Balance for strategy: $9,100.00

9% loss

annualized return -468%

LONG STRATEGY based on technical setup.

this strategy averages 3-5 trades weekly.

Trades:

4/24-bought 572 shares of EAC at $17.41

4/25-closed position on EAC at $19.18

4/19-bought 1818 shares HIMX at $5.50

4/24-closed HIMX position at $5.48

4/17-bought 2985 shares of EVC at $3.35

4/19-closed EVC position at $3.35

initial investment: $10k

balance: $10,971.00

10% profit

annualized return: 430%

SHORT STRATEGY

strategy is to short over priced stocks with underwhelming fundamentals

this strategy averages 1-3 trades per month.

Trades:

4/18-short 262 shares of unxl at 38.10

Initial investment: $10k

balance: $11,100

profit 1%

annualized return: 52%

3 x ETF STRATEGY ONE

strictly a momentum play on the 3x etf

this strategy averages 3-5 trades weekly.

Trades:

4/25-bought 694 shares of USLV at $11.72

4/24-bought 612 shares of NUGT at 12.85

4/25-closed NUGT position at $13.29

4/23-bought 92 shares of DUST at $105.15

4/24-closed DUST position at $85.47

4/22-bought 1027 shares dgaz at $9.17

4/23-closed position on DGAZ at $9.43

4/19-bought 157 shares of TQQQ at $58.26

4/22-closed position on TQQQ at $60.14

4/18-bought 828 shares of NUGT at $10.63

4/19-closed position on NUGT at $11.05

4/17-bought 82 shares of DUST at $118.19

4/18-closed position on DUST at $107.33

4/16-bought 938 shares of USLV at $10.66

4/17-closed position on USLV at $10.34

initial investment: $10k

balance: $8133.00

loss 19%

annualized return: -771%

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