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TucsonPhil

01/29/24 12:15 PM

#118611 RE: ice trader #118607

Scanned a year of quotes for 950 OTC stocks and ran a day trader Bollinger band algorithm to determine buy and sell points that would have returned over 20% for the year if timed right. Came up with about 20 symbols.

For Buy/Hold I only came up with 2 symbols and the were tied to Ethereum and Bitcoin.

What that tells me is that the day trader symbols can be profitable on swings, but long term, none of those 20 symbols was up over 20% from 1 year ago.

Edit: KGKG didn't make the list.