Recent TQQQ Trading Strategy Trade
On the membership portion of Robotic Investing, I offer instructions on how to set up a TQQQ Trading Strategy system.
This is an easy to use system that moves in and out of TQQQ based on a mean-reversion process.
The system just completed a successful trade. On March 12, 2019 the system purchased TQQQ at the close of the day based on the strategy signals. This was a good time to enter as the TQQQ followed with seven straight days of gains.
On Friday, the overall market took a turn for the worse and the system exited TQQQ at the close based on the system rules. Here is a screen shot of TQQQ with the most recent trade arrows:
TQQQ was purchased on March 12 at the close ($53.05) and sold at the close on March 22 ($55.75) for a gain of $2.70 per share.
This was an easy trade as there was only one purchase made. Depending on the market, the system can buy TQQQ up to four times before selling. In this trade, only one purchase was required before selling.
If you want to learn more about the TQQQ Trading Strategy, please check out this page.