Use access key #2 to skip to page content.

stockmktdouble (31.70)

3x ETF STRATEGY ONE is KILLING ME

Recs

3

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%

http://www.stockmarketdouble.com/

6 Comments – Post Your Own

#1) On April 26, 2013 at 11:14 AM, edwjm (99.87) wrote:

CAPS is not the same as real life.  What works in CAPS is not the same as what works in real life.  When one plays a game, you have to respect the rules of the game and plan strategy accordingly.  I wish CAPS would change the rules to make it more like real life, but I don't think it is going to happen.  I use ETFs on CAPS, but I don't touch them in real life.  CAPS would be improved greatly if they were banned.

Report this comment
#2) On April 26, 2013 at 9:08 PM, HarryCaraysGhost (99.67) wrote:

I was under the assumption that they always lose your money if you wait long enough. So they make a great red thumb for Caps.

RL not so much.

Cheers.

 

Report this comment
#3) On April 27, 2013 at 12:11 AM, jiltin (27.88) wrote:

It looks to me industry selection matters a lot. Presently, real estate, medical/pharmacy and S&P are going up.

Let me choose the ETFs as sample in CAPS for a week and will also invest real life and then post the results.

Following three are my choices.

CURE, 10 shares,89.35

UPRO,10 shares,120.29

RETL,10 shares,48.61

Let us see how it goes 

Report this comment
#4) On April 28, 2013 at 11:15 AM, stockmktdouble (31.70) wrote:

cure, upro, retl-interesting stuff

Report this comment
#5) On April 28, 2013 at 12:33 PM, HarryCaraysGhost (99.67) wrote:

Just to see what happens I put all three 3x Etfs as a red thumb on Caps.

I hope you make money on your trade, but I would never touch these things in real life.

Report this comment
#6) On May 06, 2013 at 12:35 PM, jiltin (27.88) wrote:

CURE, 10 shares,89.35, always dropped down, negative 

UPRO,10 shares,120.29, really good positive

RETL,10 shares,48.61, somewhat better positive.

04/29/2013BUYORDER POSTINGCURE10.0000$90.43-$911.2504/29/2013BUYORDER POSTINGRETL10.0000$48.61-$493.0404/29/2013BUYORDER POSTINGUPRO5.0000$122.00

-$616.95

 

05/06/2013SELLORDER POSTINGUPRO-5.0000$127.80$632.0505/06/2013SELLORDER POSTINGRETL-10.0000$50.11$494.1505/06/2013SELLORDER POSTINGCURE-10.0000$88.55$878.55

 

 Effective +4.95

 

But, it is too early to conclude, I understand. I do not want to keep it for a long time and sold it.

Perhaps, It is better to invest with higher amount on RETL, UPRO while bull market is going on.

 

Report this comment

Featured Broker Partners


Advertisement