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How to Stay Objective With Your Trading Strategy in the Era of Meme Stocks

Originally published at: https://optimusfutures.com/tradeblog/archives/how-to-stay-objective-with-your-trading-strategy/%20

This article on Objective Trading Strategy and Meme Stocks is the opinion of Optimus Futures. Meme stocks appear to be the latest “craze” in retail trading–and that’s what makes it so dangerous for those who don’t know what they’re doing. When trading meme stocks, understanding the true objective behind the trade might help you better manage your risks and set your profit targets. Trading on gut instinct or FOMO is perhaps the worst thing you can do when trading meme stocks. Last January, you began hearing online chatter on GameStop (GME) originating from a relatively obscure subReddit feed called “Wallstreetbets.”…

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