Recent content by shatteredx

This is probably the main reason why TQQQ may not be a great idea. 2010 to 2020 was an insane bull run for tech stocks. 2020 to 2030 may be another lost decade, similar to 2000 to 2010, without much upside. With that said, it's still a decent play IMO. 75% off its ATH. It could feasibly drop to...

We are arguing over semantics. Buying the ask means you are crossing the spread. If you consider that "no slippage", then OK. I agree that many simulators give the wrong impression by providing fills at the last traded price.

There will always be 1 tick of slippage if he using market orders (I think he is). I traded NQ using a fully-automated system for several months in 2018. The slippage would be anywhere from -10 to +10 ticks (market moving for or against me after the entry condition was met). However, the...

Yes, you're right that leveraged ETFs have done well over the past 20 years. Other people have already busted the myth that you can't hold them long term. There's a nice write-up here: http://www.ddnum.com/articles/leveragedETFs.php It shows that since 1885, the optimal leverage has been 2x...

2010, wow. Imagine if you had just invested $100 every week in SOXL: (Sorry, I know what-ifs are stupid. Just wanted an excuse to post a pic from my python backtester. I'm not a millionaire either lol)

I use SSE and have not encountered this problem. However, I do all my trading near EOD.

You can easily find daily data for the price of gold going back to ~1980. Also not difficult to simulate TQQQ back to 1985. Re-run your backtest starting in 1985. Also, to be conservative, shouldn't you assume that the 2000 bear market WILL happen again, and perhaps even to a much worse extent?

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2308659

taxes and leverage. you only need $100 to open an MNQ contract at many discount brokerages like AMP.

It's a long way back down to Earth for the ARK funds

market is way overcooked. 2021 will be neutral at best.

SPY dropped 4% lower than QQQ in March. I would short SPY.

I actually had this same idea this past week. The hard part is getting market cap or outstanding shares time series data. If anyone knows a good free or reasonably-priced source, I would be interested. Now for the idea itself: it seems obvious that everyone and their mom wants to chase mega-cap...

As Axon already posted, Optane drives have orders of magnitude faster 4k Read at QD=1 than any SSD, NVME or not. However the reality is that low-intensity stuff on your PC (boot-up, loading apps, etc) is going to feel roughly the same between an Optane drive and an SSD.