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Symphonies
JM255 - TQQQ For The Long Term (Reddit Post Link) modified by JM 8-25-24
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Ride tech with TQQQ in uptrends, hedge frothy spots with a 50/50 UVXY/BIL mix, and in downtrends rotate among 3× tech/S&P bounce plays, inverse Nasdaq (SQQQ), or Treasuries (TLT) using short‑term “heat” gauges. Very volatile; rebalances daily.
NutHow it works
It’s a daily switcher built on two simple ideas: trend and “heat.” - Trend: If the S&P 500 is above its 200‑day average (an uptrend), default to TQQQ (3× Nasdaq). If short‑term “heat” (RSI, a 0–100 gauge of recent gains) is very high, park 50/50 in UVXY (volatility) and BIL (T‑bills). - If not in an uptrend: buy oversold bounces in TECL (3× tech) or UPRO (3× S&P). If no bounce, pick the stronger of SQQQ (−3× Nasdaq) or TLT (Treasuries); otherwise SQQQ if oversold, else TQQQ.
CheckmarkValue prop
Out-of-sample, this strategy delivers big growth with hedges: 65.6% annualized vs ~18% for the S&P, Sharpe ~1.09 vs ~1.03, Calmar ~1.31, and positive alpha ~0.24, though drawdowns can reach ~50% vs ~19%.

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Invest in this strategy
OOS Start Date
Aug 25, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, trend + mean-reversion, volatility hedge, treasuries, tech-heavy, tactical, daily rebalance
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures 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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 42.84%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 50.19%. 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 the symphony, 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.