This is more of an educational post, but it also serves as a trading idea.
Costs of derivatives and manager fees make leveraged ETFs have a dangerous time decay. If trading for periods longer than a day, these kick in. How badly they impair performance depends on the volatility of the underlyings, so be careful when trading these. A more clearly trending underlying makes for a safer leveraged play, so, instruments like QLD/QID aren't as affected by this.
You can observe how being short both sides of the coin, can produce a downtrend in the chart, and thus, a safe long term short.
Be careful when trading these for longer than a day, and if trading QLD, or QID, be careful with trades held for longer than a month, or a quarter (I estimate that is for how long they can outperform QQQ).
Cheers,
Ivan Labrie.
Costs of derivatives and manager fees make leveraged ETFs have a dangerous time decay. If trading for periods longer than a day, these kick in. How badly they impair performance depends on the volatility of the underlyings, so be careful when trading these. A more clearly trending underlying makes for a safer leveraged play, so, instruments like QLD/QID aren't as affected by this.
You can observe how being short both sides of the coin, can produce a downtrend in the chart, and thus, a safe long term short.
Be careful when trading these for longer than a day, and if trading QLD, or QID, be careful with trades held for longer than a month, or a quarter (I estimate that is for how long they can outperform QQQ).
Cheers,
Ivan Labrie.
노트
Another way to put it, this 'portfolio' is up 235% YTD:
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.