/biz/ - Business & Finance

>>53923107
To add some color to this, in my back tests I've concluded that you should mostly stick to stocks with at least 10 million dollars of average volume over the last 20 days so you don't get stuck in some low volume biomeme pump and dump. The theory being that if a stock already has high volume and deep liquidity prior to the pump then the pump has a lot of buy in from a good cross section of investors so the pump is likely to be sustained. AI which is pumping hard today for example has something like 800 million dollars of average volume over the last 3 weeks which is the highest for all the big pumping stocks today. That's the one to focus your trading on. And if you look at the chart you'll see that the thing just keeps going with regular small pullbacks. A stock with almost 1 billion dollars of daily volume has institutions pumping it. Why the absolute FUCK would you not get in on this thing?