/biz/ - Business & Finance

>>19390049
For the first couple of months I floundered buying high, selling low, getting stopped out etc. The last straw was I went in on Ant Shares (before it became NEO) and got stopped out on a 30% overnight drop right to my stop loss before immediately returning to where it was. Long story short I started watching a guy called quickfingersluc on youtube. That changed everything and I highly recommend watching his stuff. He isn't selling anything, doesn't have a chat room or anything. Just a guy who likes to trade and talk about it. He's mostly a stock trader but the videos are about crypto. That said what he talks about mostly applies to stocks. That was the turning point for me
>>19390060
I'd suggest leaning heavily on TQQQ and SPXL since they are based on the major indexes and should be less volatile in the future which is the Achilles Heal for leveraged ETFs. Throw in some SOXL and FNGU for a little extra firepower since those two are likely to outperform the others though the drawdowns will be more extreme
>>19390119
I have a couple of strategies that have positive expectancy. In crypto it's basically looking for extreme fat finger drops on high volume coins and casting the net wide. I built a scanner in Python that monitors every coin on coinbase, hitbtc, binance, kraken, livecoin, kucoin, bittrex, and some others that just looks for those drops. When I hit it's a 10x so the R:R is like picking up Benjamins in front of baby carriages. For stocks, if a price dumps it does so for a reason so I just buy into and uptrend and sell into a down trend. Very different from crypto.