🥤St trades: Splashing some cash on news and meme
While there are numerous options and reasons available to kick start your short term trading, for me, I set aside a small cash for play based on news and meme/hype. With the recent $ROUNDHILL MEME ETF (MEME.US)$ launched, the screened companies are based on social media activity and short interest. The much speculative stocks $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ exploded back in 2021 has sparked my interest into short term play. Of course, new day traders favorites emerged regularly whenever online message boards light up. While some traders profiting via meme stocks and stocks that based on the news/hype but this is very risky, hence, only invests with an amount you afford to lose. There is always an online ranking board displaying the "hot stocks during the day" or we can use the function heat map and short sale ranking under the "Explore" function which we can screen out the top picks during the day as well. We'll, it's safer to put in $SPDR S&P 500 ETF (SPY.US)$ $Vanguard Long-Term Corporate Bond ETF (VCLT.US)$ $Vanguard Total Stock Market ETF (VTI.US)$ but a small amount to play around the hype will not harm. Happy investing 🔝🍀
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scotty19 : cool
Evelynne : Ouch. No support until $18. Might retest $12 if it breaks.