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Farmboy – 3X ETFs

Posted by tothemoon @ 22:20 on May 29, 2017  

Hey Farmboy,

Thanks for your post. I’ve not traded JNUG or JDST as yet so I don’t know how they respond but your comments about the end of day adjustments sounds right on. I was thinking about trading them at the end of the day but perhaps the next day open would be better. I’m not a day trader so the time of day does not matter to me that much. I’ll forward test the strategy for a while but it seems there is considerable margin to play with due to the volatility.

In regards to your comment about 3X ETF’s, they are not all created equal. There are quite a number that would have been a superb buy and hold.

How ‘s 2000% gain over 7 years for a buy and hold 3X ETF?

tqqq

After running the same performance chart of JNUG and JDST I can see there is something seriously wrong with both of these:

jnug-jdst

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.