Ask HN: Non-technical day trading strategies?

by coryl on 11/20/2017, 3:07:12 PM with 6 comments
I do fairly well with my stocks and cryptocurrency investments. My general strategy is to buy and hold. I have done well by sticking with what I know (tech).

I'm interested in dabbling in a bit of cryptocurrency day trading (maybe stocks later) but I don't really believe in technical analysis and crazy graphing.

I'm curious to know what other kinds of strategies exist for day trading with the goal of making small profits every day. Listening/watching for news?

Perhaps I should simply continue my buy and hold strategy and simply liquidate a small amount every month?

  • by tboyd47 on 11/20/2017, 3:25:41 PM

    Only certain kinds of investments generate income, and those are profitable businesses that pay dividends.

    The key to investing in those is to buy them at a low price. Pretty hard for average people to do that these days since we're in a stock price bubble.

    You can only purchase at a low price if you have better information than the market about what you're investing in.