Hello friends,
Current halfway through January and I’m doing a trading challenge with some friends. Starting with 500 bucks - who can make the most by end of year.
At this point I have taken some L’s on bad options trades (don’t really know wtf I’m doing and jump into low volume plays with no insight).
I’m kind of looking for some advice on how to go forward. I’m in some long term holds like STX and AIQ just for safe(r) gains. Also holding like 50 shares of AMC cuz I wanna see it pop. Last holding is a mining company in Canada that’s working on some data centre cooling system using hydrogen. Really speculative stock but upside could be beserk.
TLDR: DOING A TRADING CHALLENGE WITH 500 BUCKS. I HAVE BAD HOLDINGS. WANT TO KNOW IF I SHOULD SELL OUT OF POSITIONS AND RESTART OR SOMETHING ELSE.
Good evening, feel free to DM.