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Symphonies
V1a A Better "Buy the Dips Nasdaq" by Garen Phillips
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, high‑risk Nasdaq tactic using 3× ETFs. After sharp drops it usually bets on more downside, only buying the dip when deeply oversold. Otherwise it flips on “hot/cold” readings or holds the strongest of AAPL/MSFT/NVDA/TSLA.
NutHow it works
Daily check of the Nasdaq‑100 (QQQ). If QQQ fell >6% in 5 days, it usually bets on more downside with SQQQ (3× inverse). It only “buys the dip” with TQQQ (3× long) when selling is extreme (low RSI) and there wasn’t a big one‑day bounce. Otherwise: if QQQ looks hot it shorts (SQQQ); if cold it buys (TQQQ). If in‑between, it owns the strongest of AAPL, MSFT, NVDA, or TSLA. RSI = a 0–100 “hot/cold” score. Rebalanced daily; high risk.
CheckmarkValue prop
Out-of-sample edge: ~52% annualized return vs ~24% for the S&P, with solid risk-adjusted metrics (Calmar ~1.02, Sharpe ~1.09). Expect larger drawdowns (~51%) but potential for substantial alpha through tactical Nasdaq exposure.

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Invest in this strategy
OOS Start Date
Nov 17, 2023
Trading Setting
Daily
Type
Stocks
Category
Nasdaq-100, leveraged etfs (tqqq/sqqq), tactical, momentum & mean reversion, daily rebalance, mega-cap tech focus
Tickers in this symphonyThis symphony trades 7 assets in total
Ticker
Type
AAPL
Apple Inc.
Stocks
MSFT
Microsoft Corp
Stocks
NVDA
Nvidia Corp
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
TSLA
Tesla, 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.

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

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

Year-to-date, the symphony has returned 48.68%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 51.56%. 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.