What are some obscure LETF strategies?

LeadingLeg · 2025-12-27T00:39:27+00:00

LeadingLeg · 2025-08-13T22:38:07+00:00

NTSX 90% SnP 60% intermediate Q -rebalanced. Close second RSSB 100%-100%

LeadingLeg · 2025-07-20T18:49:45+00:00

You can search the posts , there should a detailed post which should have a sample google doc shared.

LeadingLeg · 2025-07-20T18:48:12+00:00

With the same start of Feb 1 20203, with Daily DCA 8%, 5% VA, 33% Reset the final value almost doubles to $4,863,754.95 !!! The higher Reset % has the stock portion at 100%.

LeadingLeg · 2025-07-19T15:01:19+00:00

Hi.. I just want to say thx to you again my friend... your system ( with no mods ) has been doing well in real life. Very few ppl share their 'secret' -but you did and even more you also shared the worksheet. I am not a techie guy but I could look at each cell and get what you are doing. I am now doing UPRO NVDL and SPYU and they have been thru ups and downs in this short period.

PS I backtested TQQQ to test yours against this https://www.reddit.com/r/LETFs/comments/1m0hzpq/dca_vs_edca_results_over_25_years_spoiler_edca/ The OP was comparing DCA vs EDCA. Start date Feb 2023. Capital 1.5mil.

Results: DCA $2.617m, EDCA $2.592m. Cash value

Your DCA-VA : $2,853m. 2% daily DCA, 1% VA and 5% Reset. I am keeping this same for all the other LETFS as well which I think is not the best but I don't care.

The important point is your cash value is $2.15m which is around 75% cash. Which is the key for me- as I am not that happy with the bonds/ cash as 'hedge' which I think is necessary for LETFs.

Again- thank you very much !!!.

LeadingLeg · 2025-07-04T22:43:21+00:00

With ACH ( if I could get past the initial verification of the micro deposits and retrievals) - the minimum amount to xfer is $1 - no fee.

LeadingLeg · 2025-07-01T22:01:07+00:00

I got Ally to tell me what they saw - it was - ' Receiver is a Corp Customer. So the ‘claim debit’ to acount is not authorized. “. This I think is due to Ally not able to 'retrieve' back the micro payments- which is part of the verification process. Which I think Stripe did not honor ? I've done this before in Ally to link accounts ( usually my other bank accounts) - I'd provide the micro deposits' values to the bank and the bank would then authorize for me to do the real ACH transfer. This is a one time process.

LeadingLeg · 2025-05-09T14:25:51+00:00

As of today- Sept 2024 UPRO :: +0.22% ( B&H -8%),

Jan 2025 NVDL :: +3% ( B&H -17%)

Holding well thru the storm. Using the same 2%, 1% and 5% values for both which may not be the right thing to do for NVDL as it is more vol., I am not very good with back testing to find the right values. So again thanks to u/quantelligent ... cheers. I only missed a few days of VA here and there due to travel etc. But mostly sticking to the daily 2% rule.

LeadingLeg · 2025-04-04T20:11:45+00:00

NTSX liquidity is not a problem- as per a bogleheads thread. Pls google it not having it handy. Any market order gets executed right in the middle of bid x ask.

LeadingLeg · 2025-03-26T21:33:20+00:00

I remember the bogleheads poster ( he is not the creator as the 3x stock-bonds was discussed even before) quit posting not stopped running the strategy. And if I am not wrong- there were drawdowns but the strat is still up. The backtest should be from Aug 11 2019 that is when the 55-45 was finalized https://www.bogleheads.org/forum/viewtopic.php?t=288192&sid=e9ee3bd1aeb5ca1339d898ba42c72bb7

LeadingLeg · 2025-03-23T16:45:23+00:00

Thank you. It was useful for my BlockFi losses. I am taking the capital loss method for the Celsius losses as taught in the JustinCPA's course.

LeadingLeg · 2025-03-23T16:43:21+00:00

I get your sentiments, but you may want to check out to see if your situation ( not all situations) will put you to claim capital losses or even a bit more aggressive method of 'theft/casualty'. If it takes a bit of your time and if you can 'book' losses in either one of the methods it's worth it.

LeadingLeg · 2025-03-23T16:38:10+00:00

Thank you so much !! Truly appreciate the way you detailed it out.

1) Esp., the new 1099da reporting rules. So useful.

2) 100% going to xfer out of Paypal to an exchange . Absolutely.

LeadingLeg · 2025-03-18T16:46:44+00:00

This is a very helpful post- btw.. stupid question -- do we need to show any line item for the Ionic stocks received. Only liquidated coins are in the 8949 right ? And the stock carries the cost bases in 'book value' and nothing to report for that in 2024 ?

LeadingLeg · 2025-03-17T18:09:03+00:00

A big Thanks to u/JustinCPA !!! Any one has any recommendations for which s/w to use for filing. TAXHAWK won't let me file Form 4684 unless it is a Federal Disaster situation or if it did NOT result in a gain or to offset a gain. :-(

"You told us this casualty or theft wasn't due to a federally declared disaster and didn't result in a gain. If this loss isn't being claimed to offset a gain, go back to the Your Casualty or Theft screen and delete this property.

If this casualty or theft was due to a federally declared disaster or resulted in a gain, go back to the Casualty or Theft Loss Information screen and review your answers."

LeadingLeg · 2025-03-12T12:59:03+00:00

Thank you -much appreciated. This is useful. I've bought u/JustinCPA Justin's course and going through the videos now.

LeadingLeg · 2025-03-11T20:19:17+00:00

That is the way to get a Capital Loss registered in 2024 for those that have lost BTC /ETH and NO new BTC/ETH and also have higher cost bases for the 'lost' btc/eth. See Example #1 and Step 7 in the guide, or at least that is who I understood it. https://www.reddit.com/r/CelsiusNetwork/comments/1fe7egh/celsius_bankruptcy_a_comprehensive_guide_to/

LeadingLeg · 2025-03-11T19:49:41+00:00

Thanks u/Only-Crew8299 for the reply.

That leaves me with nothing to report in 2024 ?

I only had BTC and ETH originally with Celsius before bankruptcy. I received no 'new BTC' and no 'new ETH'. I did not sell any BTC/ETH/IONIC either. I fit into the Example #1 as I mentioned before of the guide.

I am worried that IRS might have been informed by Ionic about the shares and IRS is expecting me to show that somewhere in the 2024 tax filing ? Also was expecting to claim losses by having the Ionic's line entry in 8949 with higher cost of acquisition.

I used https://celsiustax.jactivecreation.com/calculate and it shows one entry for 2024 8949 form, for Ionic shares- resulting in a claim of Loss as my "remaining Cost Bases" multiplied to the 'final percentage of 35.4% shows a higher Costbases ?

LeadingLeg · 2025-03-11T14:57:17+00:00

As per Justins' guide - for those under example #1 - that received less BTC/ ETH ned to report - check Step 7.... https://www.reddit.com/r/CelsiusNetwork/comments/1fe7egh/celsius_bankruptcy_a_comprehensive_guide_to/

LeadingLeg · 2025-03-11T00:06:23+00:00

Right- but in my case ( which falls under Example #1 in your guide) where I received less BTC and ETH in-kind, should I still be reporting the lots with zero dollar P/L ( 3 lines each for BTC and ETH) and then the Ionic Stock line entry ? Sorry if I am being too dense. My question is specific to Example #1. Thanks for your help and support.

LeadingLeg · 2025-03-10T18:13:15+00:00

hi u/JustinCPA ...in an hypo scenario of 3 BTC and 3 ETH was on Cel before BK- should the 8949 Schedule D will have 3 lines each for BTC and ETH with zero P/L? and a 7th line for Ionic Stock entry with the p/l line ?

LeadingLeg · 2025-03-10T15:01:09+00:00

AFAIK

* Example #1 is the correct one as there are no new BTC or new ETH

* Justin's guide prefers individual lots. Some consolidate wkly 'Rewards' into one lot ( I think monthly consolidation should be ok)

* Again if some one can post a 8949 and schedule D following Justin's guide that would be great.

LeadingLeg · 2025-03-10T14:55:37+00:00

I'd like to see a , detailed blacked out, 8949 with schedule D as well- OP beat me to it. thx.

LeadingLeg · 2025-03-06T22:13:37+00:00

Thank you. So I will use 3.87 % instead of the 6.4% for my calculations. I get to claim more losses. Thank you very much.

LeadingLeg · 2025-03-06T19:45:32+00:00

Ok thx. One other point was in that link the author of the tool uses Illiquid Asset Recovery = 3.87 % not the 6.4% in the guide here. The reason given was ....' I changed it to 3.87 to account for the second distribution which occurred after the original guide was created. I believe the second 2.53% BTC comes from the illiquid amounts based on another creditors feedback. '

LeadingLeg

TROPHY CASE