The 3X trend is a simple, yet powerful trading strategy. It is based on the idea that most stocks go up three times faster than they go down. The 3X strategy is designed to capture the bulk of those gains.
The basic premise of the 3X strategy is that you should buy a stock or index when it’s going up and hold it until it starts going down. Then, you sell it and take your profits. You then use those profits to buy another stock or index that’s going up and repeat the process over again.
This strategy is simple enough for anyone to implement, but it does require discipline and patience because there will be periods when you’re not making any money at all — or worse yet, losing money. But if you can stick with this approach long enough, there’s no reason why you shouldn’t see a healthy return on your investment over time.
Last modified: August 11, 2022