Cool. I fear I've found a novel way to do the old, picking up pennies in front of a steamroller.
I've got longterm holdings, I value pick. Woah, META at 90, valuation-wise I throw 2% at it etc.
But I want to make more. There are earnings every day I can sort thru. Several of them seem obvious. I wait long enough for reasonable volume and momentum play them for the day, strictly on TA and like if they have a good news article out. I don't have the capital so I use margin on them and am in and out early as I have to work.
This has been incredibly profitable, tho tax-wise not advantageous.
I fear one black swan event or similar would hurt me bad.
Is this just a novel way to pick up pennies in front of a steamroller?
Tell me before I get rolled over.
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