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kbart | 4 years ago

What tools do you use for that? I tried similiar strategy just by looking at the publicly available tools (e.g. MartketWatch), but it seemed I'm always too late, so I resorted to mid-long term investments to the companies I believe.

discuss

order

FuriouslyAdrift|4 years ago

https://unusualwhales.com/ and just following trending on specific targets. Enormous amounts of reading. Basically, if the popular media is hyping something, I go contrarian or least start thinking that way. There's nothing wrong with coming in late or leaving late on something. Go into investing with a realistic set of expectations and goals and you'll do fine. Occasionally, you'll screw up (I missed an options spread that someone else nailed me on and lost $7k in potential profits just a couple months ago).

The best thing is just to go with indexes and spread buys over time (daily if you can) and sell only when you want money to spend, not because you're scared of the market.

No one beats the market... I just try to find the flow and go with it.