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GME rally rider
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A symphony is an automated trading strategy — Learn more about symphonies here

About

If GME shows short-term strength, buy equal-weighted top-3 crypto-related assets by 15-day momentum; otherwise, buy only GME. No automatic rebalancing.
NutHow it works
Simple, plain-language steps: - Step 1: Start with cash and plan to invest equally across chosen assets. - Step 2: Check GME’s price trend using two moving averages (short-term 3-day and longer-term 14-day). If the short-term price is higher than the long-term price, proceed; otherwise go to Step 4. - Step 3: From a list of crypto-related assets (COIN, CONL, RIOT, MARA, MSTR, BITX, BITO, BETH, BETE), measure each asset’s price gain over the last 15 days. Rank them by 15-day performance and pick the top 3. - Step 4: If Step 2’s condition is not met, allocate all money to GME only. - Step 5: When you’re in Step 3 (top 3 chosen), divide your investment equally among those 3 assets. - Rebalancing: The setup mentions a 5% corridor but says rebalance is none, so you won’t automatically rebalance on a fixed schedule. - Outcome: Either you hold GME alone or you hold 3 crypto-related assets with equal weights, depending on GME’s momentum signal. Notes for a layperson: - Moving averages smooth out price data to show trends. A short MA being higher than a longer MA generally means the price has been rising recently. - Cumulative return over 15 days means total percentage gain (or loss) from 15 days ago to today. - The assets chosen are not cryptocurrencies themselves but stocks and ETFs that are tied to the crypto world.
CheckmarkValue prop
Value prop: When GME looks bullish, this strategy targets top crypto-related momentum stocks/ETFs for outsized gains: ~60.6% annualized OOS vs SPY ~19.8%, Calmar ~1.34, Sharpe ~0.99. Higher drawdowns (~45% OOS) accompany bigger upside.

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Invest in this strategy
OOS Start Date
May 14, 2024
Trading Setting
Threshold 5%
Type
Stocks
Category
Momentum, crypto equities/etfs, equal-weight, single-signal
Tickers in this symphonyThis symphony trades 10 assets in total
Ticker
Type
BETE
ProShares Bitcoin & Ether Equal Weight ETF
Stocks
BETH
ProShares Bitcoin & Ether Market Cap Weight ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
BITX
2x Bitcoin Strategy ETF
Stocks
COIN
Coinbase Global, Inc. Class A Common Stock
Stocks
CONL
GraniteShares ETF Trust GraniteShares 2x Long COIN Daily ETF
Stocks
GME
GameStop Corp. Class A
Stocks
MARA
MARA Holdings, Inc. Common Stock
Stocks
MSTR
Strategy Inc Common Stock Class A
Stocks
RIOT
Riot Platforms, Inc. Common Stock
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.

"GME rally rider" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"GME rally rider" is currently allocated toGME. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "GME rally rider" has returned 33.47%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "GME rally rider" is 50.26%. 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 "GME rally rider", 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.