12-20-2020, 09:53 AM
(12-20-2020, 09:18 AM)NilesMike Wrote:I am going to nibble just a few funds shares on any dip for now and get them in my face. I can be a little patient. They will get whacked soon enough. It's inevitable at current valuations. And the gamblers will run right back after they lick their wounds. The individual stocks will randomly run higher most likely if ARK keeps buying them at all, which is likely IMO.(12-20-2020, 07:53 AM)fenders53 Wrote:Regarding the funds, I have resting orders 10% below the highs and and another order (twice the size) @ 15% off the highs.(12-19-2020, 11:00 AM)NilesMike Wrote: I have been tracking/backtesting their buys for ARKK and ARKW, sure looks very promising. Many, many times their buys get a 10-20%+ bump in a very short time frame. I haven't gone live yet but will come the new year.Thanks, that is a decent spec strategy imo. They have the spec traders attention. I am adding a few of the ARK ETFs and planned to do just as you suggest. No way I can properly research most of these. Some of these funds are primed for a big pullback so I am going slow on the actual ETF build.
https://old.reddit.com/r/ArkInvestorsClu...=t3_k8fdrh
Trying to test if the spec trades could be income trades while I wait. (no volume on the funds' puts)