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Symphonies
TQQQ Checks
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, all‑in switch between 3x long and 3x inverse Nasdaq‑100. It rides the trend using a 20‑day average and flips at RSI extremes to fade overheated or oversold conditions. High risk due to 3x leverage and frequent switching.
NutHow it works
Every day it chooses one fund, all‑in: 1) If TQQQ’s price is above its 20‑day average (uptrend), hold TQQQ—unless momentum looks extremely hot (RSI>80), then switch to SQQQ for a pullback. 2) If not in an uptrend, hold SQQQ—unless it looks very washed‑out (RSI≤30), then switch to TQQQ for a bounce.
CheckmarkValue prop
Out-of-sample edge: ~27.7% annualized return vs ~23.4% for the S&P, with low beta (~0.18). A disciplined, trend-following levered Nasdaq‑100 strategy targets higher growth, but comes with larger drawdowns and higher volatility.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.53-0.70.04-0.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
722.11%14%6.16%5.09%0.85
TQQQ Checks
4,832.45%27.44%37.68%5.2%0.7
Initial Investment
$10,000.00
Final Value
$493,244.60
Regulatory Fees
$1,846.98
Total Slippage
$9,498.52
Invest in this strategy
OOS Start Date
Nov 30, 2023
Trading Setting
Daily
Type
Stocks
Category
Nasdaq-100, leveraged etfs, trend-following, mean-reversion, rsi, moving average, daily rebalance, tactical allocation
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
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.

"TQQQ Checks" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"TQQQ Checks" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "TQQQ Checks" has returned 29.25%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "TQQQ Checks" is 54.67%. 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 "TQQQ Checks", 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.