[Poll] Making a quick buck with meme stocks, yay or nay?

As long as you still see an upside potential in the short term (good risk-reward ratio) and you are able to stop loss when it is necessary.

Pump and dump. Price is pretty volatile and usually the meme sticks goes through a 1 week hype cycle after which you see prices plunge. DYODD.

The importance and rationale of knowing why you're getting into it is more necessary.

The difference of knowing whether you're trading or investing is important.

Not dismissing Momentum trade plays, these can be found in all kinds of trading strategies. But an investment in AAPL vs a quick scalp in AMC are two different things.

You can try asking yourself:

Can you make money doing this?
Then can you consistently make money?

Is there some level of positive expectancy in the longer run?

What level of confidence do you have in your trading rationale?​​​

I bought amc, gme and clov with small amount of capital. So far in green except clov (will wait as I am using cold money) =)

Their movements = training ground for my trading emotion haha