SOXL = 3x leveraged semiconductor ETF. 90-100% intraday correlation with QQQ/SOXX. NEVER hold overnight — volatility decay destroys capital.
General Rules (All Sessions)
1.No overnight holds. 3x leverage = compounding decay. Flat by 15:55 ET.
2.Max 5% of portfolio per trade.
3.Max 2 trades per day. Overtrading kills edge.
4.EMA buffer zone: if EMA 9/21 spread < 0.1%, skip — market is chopping.
5.Confirm 5-min signals against 15-min trend direction.
6.QQQ/SOXX gate: 2 consecutive green 5-min candles before ANY entry.
7.All positions closed by 15:55 ET. No exceptions.
Market Open
09:30 - 11:00 ET
WR: 55-60%
PF: 1.4-1.8
Midday Session
10:00-12:00, 14:00-15:00 ET
WR: 57-65%
PF: 1.25-1.9
Power Hour
15:00 - 16:00 ET
WR: 60-68%
PF: 1.5-2.1
ALWAYS: QQQ/SOXX 2 green candles first
ALWAYS: Exit by 15:55 ET
NEVER: Hold overnight
MAX: 2 trades/day, 5% position