AI TQQQ and Similar

For a while AI TQQQ has been one of the most interesting watchlist strategies for me on Collective2. It came up on one of my screens yesterday. So I think it would be a good time to take a quick look at it.

Thoughts

QuantTiger in my view has been one of the most reasonable interlocutors on the C2 forums. I remember when their strategy AI TQQQ SQQQ swing was the most popular on C2. I like that the manger is using trades own system with somewhere in the ballpark of $300,000 plus of trades own system capital across their systems. I really like that they don’t use margin and the strategy is usable in an IRA. They have said they are a data scientist and have been trading for over 20 years which I tend to believe though I can’t prove it. I am very impressed that they stuck with their system through 2022 and have come out on top already in 2023. That takes guts and the knowledge that what you are doing makes sense. I would be more inclined to trade the long the market only system since I believe betting against the market successfully in the long run is at such a statistical disadvantage. The fact that QuantTiger has done so well with the 3X and -3X QQQ system is honestly very impressive. Machine learning is something I am not familiar with myself. I don’t know how to gauge whether or not there is a machine learning algorithm that really will be robust and do well long-term versus something that has worked well in this particular period.

Market Comparison

It is easy to see that AI TQQQ only swing has smashed the returns of QQQ and TQQQ over the strategies existence. In fact it actually did even better in terms of total return than a 200 SMA filter of TQQQ.

However, the drawdown was better with the SMA filter as was the annualized return/max drawdown.

Conclusion

This strategy is very interesting to me and is on my list of strategies to potentially subscribe to in the future. I just need some spare funds available, and it would be nice to have a bit more clarity on the machine learning/why I should expect it to work in the future. I would consider taking a chance without extra information if I have enough spare funds I want to diversify decision making on.

Disclaimer

This is not investment advice. This website is designed to talk about investments but it is not designed to give you personalized investment advice. This site is generic and should not be used as the basis for any investment decisions. This is for entertainment and educational purposes only.

The owner of PatienceToInvest.com is also a trade leader on Collective2.com. We may receive compensation by promoting some collective2 strategies over others.

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