Shared conversation on NexusTrade
Algorithmic Trading Strategies for TQQQ and BTC
A detailed discussion on creating and modifying algorithmic trading strategies for TQQQ and Bitcoin (BTC), including specific buying and selling conditions, and backtesting these strategies from November 2019 to April 2020.
Aurora: Hello. Would you like to create a new algorithmic trading strategy?
User: Create the following strategies: - Buy 35% of my buying power in TQQQ if I have no positions or my positions are down 10% and my portfolio value is less than 150% of its initial value - Buy 35% of my buying power in BTC if I have no positions or my positions are down 15% and my portfolio value is less than 150% of its initial value - Buy 15% of my buying power in TQQQ if I have no positions or my positions are down 10% and my portfolio value is greater than 150% of its initial value - Buy 15% of my buying power in BTC if I have no positions or my positions are down 15% and my portfolio value is greater than 150% of its initial value - Sell 20% of my portfolio value of TQQQ if my positions are up 12% and my portfolio value is less than 150% of its initial value and 30 days passed since the last tqqq or bitcoin sell - Sell 20% of my portfolio value of BTC if my positions are up 20% and my portfolio value is less than 150% of its initial value and 30 days passed since the last tqqq or bitcoin sell
User: Create the following strategies: - Buy 35% of my buying power in TQQQ if I have I have less than $1000 in positions or my positions are down 10% and my portfolio value is less than 150% of its initial value - Buy 35% of my buying power in BTC if I have I have less than positions or my positions are down 15% and my portfolio value is less than 150% of its initial value - Buy 15% of my buying power in TQQQ if I have no positions or my positions are down 10% and my portfolio value is greater than 150% of its initial value - Buy 15% of my buying power in BTC if I have no positions or my positions are down 15% and my portfolio value is greater than 150% of its initial value - Sell 20% of my portfolio value of TQQQ if my positions are up 12% and my portfolio value is less than 150% of its initial value and 30 days passed since the last tqqq or bitcoin sell - Sell 20% of my portfolio value of BTC if my positions are up 20% and my portfolio value is less than 150% of its initial value and 30 days passed since the last tqqq or bitcoin sell
User: Create a portfolio with $10,000 containing these strategies
Aurora: **Description**: This portfolio, named "TQQQ and BTC Dynamic Strategy," is designed to capitalize on market movements in TQQQ and Bitcoin (BTC) through a series of strategic buy and sell actions based on portfolio performance and position values. The strategies aim to optimize investment opportunities while managing risk effectively. 1. **Buying Strategies**: - The first two strategies focus on buying TQQQ and BTC when the portfolio value is below 150% of its initial value and when the positions are either down by a certain percentage or below a specific dollar amount. - The next two strategies allow for additional purchases of TQQQ and BTC when the portfolio value exceeds 150% of its initial value, targeting a more aggressive investment approach. 2. **Selling Strategies**: - The selling strategies are designed to take profits when the positions in TQQQ and BTC are up by a specified percentage, while also ensuring that the portfolio value remains below 150% of its initial value and that a minimum time has passed since the last sale. This structured approach allows for a balanced investment strategy that adapts to market conditions while aiming for growth. **JSON**:
User: Erase the "my portfolio value is less than 150%" from the selling strategies
Aurora: **Description**: This portfolio, named "TQQQ and BTC Dynamic Strategy," is designed to capitalize on market movements in TQQQ and Bitcoin (BTC) through a series of strategic buy and sell actions based on portfolio performance and position values. The strategies aim to optimize investment opportunities while managing risk effectively. 1. **Buying Strategies**: - The first two strategies focus on buying TQQQ and BTC when the portfolio value is below 150% of its initial value and when the positions are either down by a certain percentage or below a specific dollar amount. - The next two strategies allow for additional purchases of TQQQ and BTC when the portfolio value exceeds 150% of its initial value, targeting a more aggressive investment approach. 2. **Selling Strategies**: - The selling strategies are designed to take profits when the positions in TQQQ and BTC are up by a specified percentage, while also ensuring that a minimum time has passed since the last sale. This structured approach allows for a balanced investment strategy that adapts to market conditions while aiming for growth. **JSON**:
User: change the selling strategies to instead sell 20% of its position value (nor portfolio value)
User: backtest these strategies from Nov 2019 to April 2020