SPDR S&P 500 (SPY)

[doebop]

Just sharing what works for me..
I've managed 40% gains year over year for 11years and currently at 39% this year (after taking more risk on my last short)

My baseline goal is 1.5% gains to close every 2nd week, cumulative...
100 x 1.015 ^ 24 will give you 40%/yr..

I look for a no brainer 1/2% move on SPY or QQQ and play it with the 3x using either SPXU/SQQQ to short or UPRO/TQQQ long...

If a trade does well above my target I'll hold overnight.. I do use stops

Just sharing..

As I get ahead of my baseline goal I'll take larger risks...

If I see a good quick momentum trade I'll take it as well...

I'm trading +4m 401k which is t+2 restricted and +1m brokerage which I do play up to $50k options..

Good luck everyone..