If I had bought TQQQ on Day 1 of the QQQ short term up-trend, I would have beaten almost all stocks. I have demonstrated this strategy many times. The key is to buy TQQQ on Day 1 even though the new up-trend is most suspect. I have also written that a change in the short term trend trend is most reliable after it reaches Day 5. The key to this strategy is to slowly accumulate the triple leveraged ETF. I hope some of my readers have done so. The GMI remains Green. The longer term trend is still down, however.
Very good but if you bought TQQQ on July 20th wouldn’t have you been stopped out on July 26th?
Great strategy! Check out KDP – looks like a potential GLB.