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Hello. Would you like to use GPT Stock Reports to find the best Technology stocks?
I want a SMA crossover strategy on TQQQ. I want a take profit strategy, but no stop losses — I’m bullish on tech long-term and don’t want to be stop lossed out. I also want to space out my buys and not go all-in at once.
Creating backtest...
Create a portfolio from this strategy with $10,000

Description: The SMA Crossover strategy for TQQQ is designed to capture momentum in tech stocks by using a crossover of the 20-day and 50-day Simple Moving Averages (SMA). This strategy aims to enter positions when the 20-day SMA crosses above the 50-day SMA, indicating a potential upward trend. Additionally, the strategy includes a take-profit mechanism to lock in gains when the price of TQQQ exceeds 1.1 times the 20-day SMA, ensuring that profits are realized without relying on stop losses. To manage risk and avoid going all-in at once, the strategy spaces out buys by ensuring at least one day has passed since the last buy order. This approach aligns with a bullish long-term outlook on tech stocks, allowing for gradual accumulation of positions while capturing upward momentum. JSON:

Creating backtest...
Re-create this portfolio

Description: The portfolio "GPT-o1-mini TQQQ" is designed to capitalize on the momentum of the ProShares UltraPro QQQ (TQQQ) stock, which is a 3x leveraged ETF tracking the NASDAQ-100 Index. The strategy involves two main components:

  1. Buy Strategy: The portfolio will buy $2,500 worth of TQQQ when the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA, indicating a potential bullish trend. Additionally, the strategy ensures that at least 7 days have passed since the last buy order to space out purchases and avoid going all-in at once. This approach helps in gradually accumulating positions and taking advantage of upward momentum.
  2. Sell Strategy: The portfolio will sell 100% of the current positions in TQQQ when the 14-day Price Rate of Change (ROC) exceeds 15%. This condition suggests a significant upward momentum, and selling at this point helps in locking in profits and managing risk. The portfolio starts with an initial value of $10,000 and aims to leverage the volatility and potential gains offered by TQQQ while implementing risk management through spaced-out buys and a clear sell condition based on price momentum. JSON:
Creating backtest...
Backtest both these portfolios for the past year. Compare them to TQQQ as the baseline
JSON:

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backtest both these portfolios for the past 5 years. Use TQQQ as the baseline

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backtest these portfolios for the past 10 years

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