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SQQQ trading strategies, backtested

ProShares UltraPro Short QQQ — -3x daily Nasdaq-100 — profits when tech falls, decays when it doesn't. Every DeployQuant template run on SQQQ over 5.5 years of minute data, same engine, same window, sorted by return.

Quick answer: the best-performing template on SQQQ (2021-01-04 → 2026-07-17) was golden cross at −7.5% CAGR vs −30.9% for buy-and-hold. 11 of 12 templates beat holding; 9 cut the max drawdown.
StrategyCAGRmax DDSharpetradeswin ratefinal value
Golden Cross (SMA 50/200) −7.5% −49.9% -0.063 33% $6,492
RSI(2) Dip Snapback −8.4% −78.5% -0.02164 54% $6,160
200-Day SMA Regime Filter −10.6% −63.3% -0.0613 31% $5,393
SMA-200 Trend + 15% Trailing Stop −12.1% −70.1% -0.1632 41% $4,887
20-Day Momentum + Trailing Stop −15.1% −64.3% -0.2869 29% $4,056
SMA 10/50 Trend −19.9% −77.5% -0.2518 17% $2,932
EMA 12/26 Trend −21.8% −78.8% -0.2919 16% $2,569
RSI(14) Mean Reversion −23.5% −84.5% -0.4115 47% $2,272
3-Month Momentum Switch −24.4% −84.3% -0.4323 17% $2,122
Drawdown Dip Buyer + 8% Target −28.9% −89.7% -0.454 100% $1,519
Weekly Entry + 7% Target −28.9% −92.4% -0.47250 38% $1,517
First-to-Last Day of Month −40.3% −95.8% -0.5467 33% $578
Buy & hold SQQQ −30.9%−88.4% -0.56 $1,292
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Frequently asked questions

What was the best strategy for SQQQ?

Of the 12 templates tested on SQQQ over 2021-01-04–2026-07-17, the strongest by CAGR was golden cross at −7.5% (max drawdown 49.9%), versus −30.9% for buy-and-hold. Best-in-hindsight is not a forecast — check drawdowns and trade counts before drawing conclusions.

Did any strategy beat buying and holding SQQQ?

11 of 12 templates beat SQQQ buy-and-hold (−30.9% CAGR) on this window; 9 of 12 had a shallower maximum drawdown than holding (88.4%).

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Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.