Aug. 26 at 3:54 PM
$GDXU $SOXL $MUU $MULL
Two turtles. Two very different experiments. 🐢🐢
Turtle Fund
Rules-based trend following. EOD. Long-only. No leverage.
Started with
$100,000 on Aug 3.
Current equity:
$110,011
Return: +10.01%
10 open positions.
Realized P&L: -
$1,179
Unrealized P&L: +
$11,190
The biggest contributor right now is GDX: +25.6%.
And then there’s our new experiment:
Night Turtle 🌙🐢
A fixed basket of leveraged ETFs testing whether more return is earned overnight than during the regular trading session.
First completed overnight:
Paper return: +1.44%
Theoretical return: +1.54%
Night Turtle is back in cash now and moves to its new execution protocol today: buy at 3:56pm ET, sell at 9:34am ET the next session.
One turtle tries to ride trends for weeks.
The other goes home every morning.
Both are public. Both are paper. Both follow fixed rules.
Let’s see where they end up.