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Symphonies
Chowmeini's Simple TECL with Safety
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys a 3x tech fund only after a sharp Nasdaq selloff; otherwise parks money in a defensive mix of U.S. dollar, gold, and consumer‑staples stocks. Aims to catch rebounds while avoiding big tech drawdowns.
NutHow it works
It checks a 10‑day “oversold/overbought” score (RSI) on TQQQ—a 3x Nasdaq‑100 fund. RSI is a 0–100 gauge of recent price moves; low = recently sold off. If RSI ≤ 32, it puts 100% into TECL (a 3x tech fund) to catch a rebound. Otherwise, it splits equally into USDU (U.S. dollar), GLD (gold), and XLP (defensive consumer‑staples stocks).
CheckmarkValue prop
Out-of-sample edge: 33.3% annualized return vs 21.9% for the S&P, by buying the dip in 3x tech (TECL) and using a diversified risk-off sleeve (USD, gold, staples)—higher upside with disciplined risk control.

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Invest in this strategy
OOS Start Date
Jan 15, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical, mean-reversion, leveraged etfs, risk-on/risk-off, tech-focused, defensive hedging
Tickers in this symphonyThis symphony trades 5 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
USDU
WisdomTree Bloomberg U.S. Dollar Bullish Fund
Stocks
XLP
State Street Consumer Staples Select Sector SPDR ETF
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"Chowmeini's Simple TECL with Safety" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Chowmeini's Simple TECL with Safety" is currently allocated toGLD, XLPandUSDU. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Chowmeini's Simple TECL with Safety" has returned 37.18%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Chowmeini's Simple TECL with Safety" is 27.62%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "Chowmeini's Simple TECL with Safety", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.