Kerim,
A friend of mine who actually encouraged m es to start investing subscribed to a service. It wasn't day trading but the guy was highly ranked in Tipranks. Stocks like Roku, Trade Desk, Fastly. He was catching them early and pretty much everything did run for at least a month. It was just MOMO. My friend was smart enough and scared enough to trim profits every few weeks and about half of them tripled in 2020.
When the market gets euphoric momentum works, but soon enough it sucks in the inexperienced who don't realize you only have days to realize the music stopped.
A few of us on this forum entertained ourselves trading them with a small percentage of our port. We mostly own adult DGI stocks. That is NOT the same thing as putting 100% of your account into junk stocks, then spending every dime you can find for a year averaging down while the stocks drop 75%, while being cheered on by the Pied Pipers of social media.
A friend of mine who actually encouraged m es to start investing subscribed to a service. It wasn't day trading but the guy was highly ranked in Tipranks. Stocks like Roku, Trade Desk, Fastly. He was catching them early and pretty much everything did run for at least a month. It was just MOMO. My friend was smart enough and scared enough to trim profits every few weeks and about half of them tripled in 2020.
When the market gets euphoric momentum works, but soon enough it sucks in the inexperienced who don't realize you only have days to realize the music stopped.
A few of us on this forum entertained ourselves trading them with a small percentage of our port. We mostly own adult DGI stocks. That is NOT the same thing as putting 100% of your account into junk stocks, then spending every dime you can find for a year averaging down while the stocks drop 75%, while being cheered on by the Pied Pipers of social media.