Cycle Trading

[Duma]

I have been pretty quite for several days, so I wanted to give you a reason and update you on what is going on with me.

My game plan for a couple of years has been to play SPXL and TQQQ each at 100% off the daily chart but using the 60min to front run the signals when it looks like a signal is imminent on the daily. This has served me well and it is a pretty relaxed way of trading.

Fast forward to 1Q and I got very unhappy with the performance of TQQQ, so I tried some of your etf's (with some success) but mainly I changed to watching 5 etf's to get a better mix. My results for March were not good. I had too much going on and let too many trades signals get by me. Too much bandwidth.

So a couple of weeks ago, I went back to my old system but I stopped at 150% because as you said today, the market is due for a pb. When I have no clue, so I will just keep riding it until it does pb. So that is my main playbook. I expect this to give me a min of 30%-50% a year and can easily go over 100% in a good year. Each year there is usually one major run that generates most of the profit. Don't know when it is coming, so just have to keep playing the game until it hits.

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As you know I started doing options on ROKU in Nov of last year with a goal of $300 for week. I have been only playing the up side, so there were times I was not playing at all. But since Nov except for the period of mid Feb to mid March, I have been in the game each week.

A few weeks ago I added SQ to the game and with a single call last month did very well as the market zoomed up. Two weeks ago I added DOCU to my game plan.

So now I have moved my goal posts from $300 a week to $1000 using these 3 etf's. I am on target to do $986 this week. I have experimented a bit and helped myself some and hurt myself some, but learning how to play the market no matter which way it is moving.

I am starting to very comfortably use all the tricks in the book.
*Spreads
*naked calls/puts sold or bought and combinations.

I am now just patiently playing my game and really don't have much to say. Eventually I will see that somethnig that I will want to comment on.

As I wrote this DOCU has cratered, so this might get interesting.