Zer0/∞
Incelius Savage is The Godfather of Inceldom
★★★★★
- Joined
- Jul 23, 2021
- Posts
- 22,565
Investment Strategy:
I want a long position on the QQQ & QQQJ hedged by a short position on some ARK ETFs (possibly Softbank even) on my trading demo account. I am trying to learn how to trade and apply it to options on the TQQQ in the future.
Rationale:
The QQQ is made up of very dominant and established tech companies like Amazon, Apple, Facebook, Microsoft, Nvidia, AMD, Adobe, and Qualcomm which will survive even when interest rates pick up or any other market condition. QQQJ is the same for stocks in the midcap universe and will make sure I have around the same risk profile as ARKK, ARKW, ARKF.
Here's is a video on why FAANG stocks are so alluring to invest:
View: https://www.youtube.com/watch?v=Akr8JQL1VOg
I believe that ARK invest, run by Cathy Wood (low IQ foid investment manager), has no insights above her benchmark and is just trading based on momentum. She is buying whatever is popular and claims to be a "disruptive" company; just a speculator taking every high-risk position to juice up returns. Her performance will revert to the mean and match her benchmark: it's just a matter of time like many other top fund managers before her.
View: https://www.youtube.com/watch?v=p6HrepdLSu4
It even has done what I predict on the 1YR time frame so I am trading with the trend. There are also 1000's of academic papers proving that 90% of active managers like her fail to beat their benchmarks long term.
There are some technicals and fundamentals backing this trade.
__________________
____________________________
The question I pose:
How do I execute this trade: position sizing, using stop losses to manage risk and timing?
Provide any resources or books that may have value for me.
@BlkPillPres @WizardofSoda @rope2cope @Transcended Trucel @InefficientMarkets
I want a long position on the QQQ & QQQJ hedged by a short position on some ARK ETFs (possibly Softbank even) on my trading demo account. I am trying to learn how to trade and apply it to options on the TQQQ in the future.
Rationale:
The QQQ is made up of very dominant and established tech companies like Amazon, Apple, Facebook, Microsoft, Nvidia, AMD, Adobe, and Qualcomm which will survive even when interest rates pick up or any other market condition. QQQJ is the same for stocks in the midcap universe and will make sure I have around the same risk profile as ARKK, ARKW, ARKF.
Here's is a video on why FAANG stocks are so alluring to invest:
View: https://www.youtube.com/watch?v=Akr8JQL1VOg
I believe that ARK invest, run by Cathy Wood (low IQ foid investment manager), has no insights above her benchmark and is just trading based on momentum. She is buying whatever is popular and claims to be a "disruptive" company; just a speculator taking every high-risk position to juice up returns. Her performance will revert to the mean and match her benchmark: it's just a matter of time like many other top fund managers before her.
View: https://www.youtube.com/watch?v=p6HrepdLSu4
Cathie Wood buys over $45M in Robinhood stock on first day of trading
Cathie Wood sunk more than $45 million into Robinhood, apparently unshaken by the commission free-trading app’s disappointing first day of trading.
nypost.com
Cathie Wood's Ark adds 519,000 shares of newly public Roblox in latest tech bet
Roblox surged as much as 10% on Thursday as post-debut momentum and Ark's investment boosted bullishness toward the stock.
markets.businessinsider.com
Coinbase is now a top 10 holding for the ARK Innovation ETF after Cathie Wood's buying this week
Wood — founder of Ark Invest — purchased 216,518 shares of Coinbase worth $50.5 million on Thursday, according to the firm.
www.cnbc.com
Cathie Wood's ARK Innovation ETF Has Sold Nearly All Its Chinese Stocks
ARK Invest's Cathie Wood continued to exit Chinese stocks after the country's regulators targeted the tutoring industry.
www.barrons.com
It even has done what I predict on the 1YR time frame so I am trading with the trend. There are also 1000's of academic papers proving that 90% of active managers like her fail to beat their benchmarks long term.
There are some technicals and fundamentals backing this trade.
__________________
____________________________
The question I pose:
How do I execute this trade: position sizing, using stop losses to manage risk and timing?
Provide any resources or books that may have value for me.
@BlkPillPres @WizardofSoda @rope2cope @Transcended Trucel @InefficientMarkets
Last edited: