i	Date	Open	Close	Low	High	Volume millions	Day's Return	Week's Return	Month's Return
1	20210126	328.4700	328.4700	328.4700	328.4700	21.73	0.02%	3.75%	6.1%
2	20210125	328.3900	328.3900	321.4100	328.3900	38.84	0.73%	5.29%	6.56%
3	20210122	326.0150	326.0150	326.0150	326.0150	18.43	-0.17%	3.71%	5.34%
4	20210121	326.5600	326.5600	326.5600	327.1200	22.66	0.79%	3.29%	5.8%
5	20210120	324.0050	324.0050	324.0050	324.7100	27.18	2.34%	3.09%	4.62%

Buy Uptrend Strategy (ema_10 > ema_20, ema_10_trend > std_dev)
Average next day return: 0.04% (55% 1413, 1140), Average next week return: 0.21% [0.59%] (59% 1493, 1056)

Buy Uptrend Breakout Strategy
Average next day return: 0.07% (55% 2474, 2012), Average next week return: 0.32% [0.8%] (59% 2658, 1824)

Buy Downtrend Rebound Strategy: (ema_20_trend < -std_dev, ema_10 < ema_20)
Average next day return: 0.17% (50% 3, 3), Average next week return: -2% [-1.49%] (50% 3, 3)

Buy the Bottom Strategy:
Average next day return: 0.07% (55% 2474, 2012), Average next week return: 0.32% [0.8%] (59% 2658, 1824)

Buy Uptrend Reversal Strategy:
Average next day return: 0.19% (57% 4, 3), Average next week return: 0.22% [1.12%] (71% 5, 2)

Buy Uptrend Dip Strategy:
Average next day return: -0.03% (63% 5, 3), Average next week return: 1.31% [1.74%] (88% 7, 1)

Short Downtrend reversal Strategy:
Average next day return: 0.21% (67% 12, 6), Average next week return: 1.45% [7.57%] (72% 13, 5)

Short Downtrend overbought Strategy:
Average next day return: -4.22% (0% 0, 5), Average next week return: -4.52% [9.73%] (40% 2, 3)

Short the Top Strategy:
Average next day return: 0.07% (55% 2474, 2012), Average next week return: 0.32% [2.46%] (59% 2658, 1824)

Once you've choosen a trading strategy ( 1. trading within a price range, 2. shorting an overbought, 3. buying an oversold, 4. buying an early uptrend, and 5. shorting an early downtrend) according to the direction of QQQ, the next step is to optimize the trading configuration (holding period, profit target and stop limit) by comparing the returns on investments from simulated trades from past year. You can also compare ROIs for each trading strategy for a pre-selected trading configuration.

Common Trading Scenarios

Profit Target: 2%, Stop Limit: 1%, Holding Period: 10 trading days
Profit Target: 3%, Stop Limit: 2%, Holding Period: 20 trading days
Profit Target: 5%, Stop Limit: 3%, Holding Period: 20 trading days

Extrame Trading Scenarios

Day Trading: Profit Target: 5%, Stop Limit: 2%, Holding Period: 1 day
Long Term: Profit Target: 20%, Stop Limit: 50%, Holding Period: 40 trading days