I am two things, all I do, since I quit my job.
I buy up small priced stocks that I have researched the heck out of. And I chase ambulances, in other word, crashes in the market or flash crashes.
As far as I know, I have found more crashes, than anyone on the internet.
That being said, I am going to buy a lot of a Canadian low priced stock, and possibly soon protect that position, with a full on assault on complicated etf's and butterfly options, to profit in a large, possible crash situation.
I called the 2015 and 2016 crashes to the DAY.
How did I do it........I seriously doubt, more than one or two people would believe it.
So here I am, I have a penny stock, around .20 cents, along with a burgeoning crash signal, with my program.
So I am going to go half in on both.
If the crash happ;ens, the penny goes down 20 percent I figure.
The crash portfolio, goes up 5000 percent. or more.
Hey I used to follow twisters and small tornadoes to windsurf in, this is safer lol.
i DOUBT, many people follow this credo, but hey peeps, the stock market and the real estate market have gone up tremendously, and at the same time, covid, has decimated a lot of business.
Logic rarely makes cents, in the stock market. MY credo in pennies, is buy when the insiders are setting up for a large balloon like move. And sell when they do.
Sounds simple doesn't it. Problem is, most of us, have lost so often, won so rarely, we cannot bear to sell the winners. Its why forex blokes buy forex companies and do nothing other than sell against their gamblers, ere clients.
For crashes, find info, no one else is privy to. Decode your butt off.