Since 2020, I've been developing a macro-driven approach focused on market behaviour, sector leadership, liquidity cycles, and the relationship between narrative and price action. What matters to me is rarely the headline itself, but how markets absorb it — or refuse to.

The 3X in the name comes from the instruments themselves. Three-times leveraged ETFs gradually became my own asset class — volatile, demanding, emotionally unforgiving at times. They are not instruments for everyone. Liquidity, risk management, and emotional control matter enormously. Over time, however, I realised this was the arena that matched my risk profile. They remain diversified baskets at their core, but with a velocity that demands both hands on the wheel — exactly the way I like it.

Over time, the focus shifted away from constant action and toward sustained observation. A significant part of that evolution came through screen time — including an intense period of day trading that eventually reshaped the way I look at markets. I became less interested in reacting to every move and more interested in staying close to the tape itself: watching how behaviour develops from the open to the close, day after day. Most of the work happens before action is taken.

Markets also teach you things about yourself that few other environments can. The deep lows, the fast gains, the emotional swings — over time they leave scars, but also perspective. You learn to stay rational when positions move hard against you, and to remain grounded when everything suddenly works.

I'm Tiago, based between Vancouver and Lisboa.

This writing is, honestly, also for me — a way to ventilate what I observe, let it settle, and become more precise about what I actually saw versus what I thought I saw.