Current position
| Stock | Strategy | Bought @ | Sell @ | Current | Percentage |
|---|---|---|---|---|---|
| Protean Corp | Scandal driven | 4.79 | 5.77 | 4.45 | -7% |
| Soundhound | Safe Strategies | 11 | 12.10 | 11.28 | +2.54% |
| UnitedHealth | Scandal driven | 298.11 | 327.9 | 300.62 | - |
| Regencell Bioscience | Top gainer | 520 | 572 | 520 | - |
| Tencent Holdings Limited | Safe strategies | 63.78 | 70.158 | 63.78 | - |
Sold position
| Stock | Strategy | Bought @ | Sold @ | Percentage |
|---|---|---|---|---|
| Domo | Top gainer | 12.54 | 13.80 | +10% |
| Nuscale | Top gainer | 35.04 | 38 | +10% |
Welp shit, of you need advice on losing money, follow me! Im pausing this side-project for now as I’m concentrated on automating most of my bettings.
Strategies
I’m using different strategies to buy stock and see if something stands out, all stocks are not necessarly bought in real-life as I’m running a trial on some of these strategies. Also the bought/sell/profit do not take into account broker’s fee etc.. which would definetly increase the percentage needed for a profit.
Scandal-driven
This is one of those strategies that either make it or lose it pretty bad - The idea is to bet on companies that are facing huge losses based on external factors (Scandals, losing contracts, etc..) - What is crucial here is to be patient, find the right stock, buy it at the right time to minimize risk and avoid lossing time as well. Protean Tech was one of those, the first one I have tried and I already made a few mistakes:
- Didn’t know about the specific market times in this area so placed an order two days before the market open
- Scandal hit on Friday so the initial drop wasn’t done by Tuesday - I bought my stock on end-of-day Friday prices which of course made me buy this at a higher price + because the stock is not yet stable I’m wasting time on this one. UnitedHealth is, I feel, one of those perfect stock for this kind of strategy, unfortunately these type of assholes are here to last so I bet on the company’ ability to bounce back.
Top gainer
Not too much to say about this strategy - Here I’m looking for stock that could have the potential to quickly get you to that 10% return. Nuscale and Domo both are promising based on their current trend let’s hope it keeps going until I get to sell. I’ve looked at stock with high volatility to see if I can find weird gainer that I can take advantage of:
- Radius Recycling - Massive increase from nowhere it seems - However that stocks is quite high - I decide not to bet on it @ 29.54
- Regencell Bioscience Holdings - +632% Market seems very favorable - Im betting on it at 520 and getting out when 10% mark is set
- Tencent Holdings did go down a bit following some very upward trends - Could not be a top gainer and I will bet on it in the safe strategy On those I should probably includes those limits based on the one I already played with:
- 10% should not be a massive increase regarding the sock’s value (Stock has to have hit that number at some point)
- Stock should be relatively up - Not on a downward scope