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TQQQ people are you throwing up right now?
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TQQQ people are you throwing up right now?
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As much risk as possible since it doesn’t pay to be second. Strategy depends on the rules and whether you can trade derivatives.
Buy low, sell high.
Could’ve sworn it was the other way around..
Probably would go with a bunch of small/micro caps and hope something takes off. For a 2 month period anyone that says it is anything other that luck is kidding themselves
Rising Star
It is still skill to up the probabilities… guaranteed someone buys and holds a blue chip/market ETF and treats it like real money
Buy a random company and hire an army to make memes 😂
Rising Star
Look for micro cap biotechs with upcoming catalysts during the contest period. Biotechs tend to be all-or-nothing on individual catalysts (usually clinical trial readouts.) Upside (and downside) potential is huge, but the chances for a big swing in valuation are very real.
Also please note this is NOT good investing advice, it's a strategy to win a contest. I make monthly index fund buys - but your contest isn't played on a multi-decade time horizon so you need high risk / high reward plays.
That also assumes options are off the table, if they are fair game that's a whole separate conversation.
Rising Star
Yep this is what I do in these competitions. You can try to line up dates so if you’re still behind a few days before it closes, you have a few options to retake the lead.
Study technicals and use leverage