/biz/ - Business & Finance

I'm going to reask this question


Why invest in meme stocks as opposed to swing trading?

This is my plan:

>buy one day
>sell the next
>use the MACD convergence and moving average to buy and sell
>reserve my day trades for when I buy low but the stock spikes up the very same day
>buy/sell a stock right before the MACD convergence for the best price

You can make like .20 a day per share, and if you have 100 shares, so that's like $20 every sell day per company you own.

The only problem I see now is that you can make smaller than expected profit margins, but it seems you'll still make profit regardless using those indicators.