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by jxm262
2021 days ago
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Congrats! Posts like this give me massive inspiration. Like many here, I have tons of side project/toy apps stored in private repo's; that will probably never see use by anyone other than myself. However, some of this code _does_ make me profit (trading bots). Been contemplating taking portions of my trading app and generalizing into a product, but always seem to lose motivation. Glad I saw this post + thread today, y'all just gave me another boost of energy. |
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Say:
Strategy 1: If the market is trending higher. Then, buy on the dips. Hold. Sell for 20% gains. Then rinse and repeat.
Strategy 2: Or, if the market ($SPY) has risen for x percent for the day, say 3%, then you short the stock. Wait for it to correct, and sell for 20% gains. But if it continues rising higher than 10%, then buy back the stock to close out your position.