Cycle Trading

[Duma]

If you will look again you will see that I qualified the 15.6% gain by saying it was 1X. The actual gain of TQQQ was 46.8%. I don't really care how much some trade gained, what I want to know is how much did my account go up. So if the 1X gain (QQQ) is up 15% and I am invested at 100% (actually invested at 33% for TQQQ), I immediately know my account went up 15%.

You may have also noticed that when I was reporting on my ROKU spread trades, I never ever talked about what % gain the trade had. I could have said I invested $700 and I then had a $300 profit for a 43% gain. That means nothing to me. When matters is what did it do to my account value. I don't even do singles spreads in my largest account because a $300 gain is so small as to not be worth it. Always think in terms of your account.

I see that TQQQ did a 2:1 split last night.