Yes, following a trend can be considered speculative investment and it can be a easy way to earn quick bucks like a day-trader. Is it that easy to spot a trend? You would need to read a lot or use $Tiger Brokers(TIGR)$ to provide you with all the latest news and trends!!
Remember during Covid19 period? The STI glove stocks like $TOP GLOVE CORPORATION BHD(BVA.SI)$ $MEDTECS INTERNATIONAL CORP LTD(546.SI)$ and vaccine stocks like $Moderna, Inc.(MRNA)$ BioNTech ing like hot cakes!!!
Also not forgetting the 1st meme stocks $GameStop(GME)$ , AMC etc whereby all the apes fight against the hedge funds to trigger short squeezes in heavily shorted stocks.
Of course, you would need time to monitor these stocks and quickly lock in your profit when the trend reverses. These stocks are not recommended for long term holding, you can check out their current price after the trend has reversed. Hence, I'll only allocate a small portion (~2%) of my total fund to speculate in these "trendy" stocks. High profit = high risk and you would not want to put too much money in these "trendy" stocks. For those busy people out there, it's still better to use the auto-invest function and invest regularly!!
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Is $游戏驿站(GME)$ Still first meme stocks in the market?
$老虎证券(TIGR)$ is always my best one to buy.
Covid19 period has gone and there will be more bullish trend later.