Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.
With your question - don't do it.
Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.