trojan1337
2022-03-31

Consider using a small percentage of your entire portfolio to invest in meme stocks, around 10%. If it drops by 50%, it will only affect your whole portfolio by a 5%, if it increases significantly, congrats! You earn yourself additional bullets to reinvest into the market.

Alternatively, consider selling some vertical spreads to take advantage of the high IV and theta decay. Set a profit and loss target though.

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Comments

  • PenelopeHood
    2022-04-01
    PenelopeHood
    Seting a profit and loss target for these kind of stocks , sounds like a good idea, never be too greedy while you are holding.
    • trojan1337: 
      yep. too often we became too greedy and a win became a loss. preserving capital and strike at the right moment is more impt than win/lose big!
  • BerniceCarter
    2022-04-01
    BerniceCarter
    Meme stocks are good for those investor who don't know how to check fundermentals and other factors around stocks. haha
    • trojan1337: 
      true. but there is a basis to it like short interest and borrowing fees. it is still subjected to what is being reported though.
  • CaesarHicks
    2022-04-01
    CaesarHicks
    Yeah i think it's a good idea to use a small part of portfolio in meme stocks, high risk and high profit. Do you have any recommend stocks?
    • trojan1337: 
      amc gme has been going on for quite sometime now. of coz there are also highly volatile stocks like bbig, koss etc

      not financial advise though. always do your own dd and make your own choice.

  • tx34
    2022-04-01
    tx34
    High risk but not necessarily high return
  • PinkyPink
    2022-04-01
    PinkyPink
    Ok
  • Roarrrrrr
    2022-04-01
    Roarrrrrr
    Hi
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