/biz/ - Business & Finance

>>56587287
>more backtests my guy
At least you have a sense of humor, I'll give you that. Full of bullshit though. I'm glad you've taken my side for once in the sharing of that image. It's true. It's been quite a lot of effort to continue debating your bullshit, only for you to shift topics or reply again with the same discredited arguments like >>56587349
>b-but muh b-backtests!
Yes, I also have backtests. That may be the funniest part of this whole exchange. You're even utilizing a component of my strategy, although poorly - the VIX short. Now just invert from swinging LETF longs to blanket shorting LETFs, and you might start making some real bank. Before you know it, perhaps you'll be in six fig hell.

>when all else fails resort to ad hominim
That isn't actually part of any argument I'm making, but it was hilarious to note. I've already provided plenty of real facts that discredit every single one of your false claims.
I'll go a bit deeper into this topic though, because it's kind of important. Your portfolio size may seem irrelevant but it actually does matter. When you invest, there is risk. If you portfolio is small relative to your income (I'm assuming you're employed), then the effective risk is smaller. If you have a portfolio worth 6 months savings, you can rebuild within 6 months. You can also margin up and "borrow" from your future income. Worst case you blow up and then reset 6 months later. This is not an option if your portfolio represents substantial life savings. You lose it, that's your retirement.
Running highly leveraged strategies is risky. Leveraged rotation is less risky under typical markets than the buy and hold LETF strategy due to implied stop-losses, but there are still blowup conditions that would not exist with a basic hold of SPY/VOO.

When you consider the marginal utility of additional dollars of profit at different levels of wealth, the disparity widens further. In the end, the ideal leverage changes with portfolio size.

>>56585949
The real alpha comes from shorting leveraged ETFs.

Instead of chasing SOXL, you could be generating true differentiated alpha through an artisanal basket of hedged high-beta shorts.
Why is no one talking about this?