Submitted by MissDiem t3_10ohc1a in wallstreetbets
Weird-Status-287 t1_j6fbfew wrote
Reply to comment by MissDiem in The next big junk heap to rally by MissDiem
I'd say test your theory with the names you came up with and if you're right (don't talk yourself into it, make sure its sound) then give it a try with real money.
Always test strategies (then you can back up your hypothesis with some results and more people will listen)
MissDiem OP t1_j6fda9h wrote
I basically did with the top half ones. All of them I strongly considered buying at their recent lows, but the sentiment and fundamentals were mostly off-putting. I did go big into NFLX $165-185 And scaled out $235-285. For crpoto I do derivative names like miners/data centers so my commitment there was just to hold, and some say any day you don't sell is like the same as buying. They've rallied strongly this month so I've been scaling out.
But the post is inspired by how all of these backtested well.
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