/biz/ - Business & Finance

I notice that I seem to have better overall returns than a decent bit of /smg/ trading the kind of volatile small-cap biotech stocks people on here tend to FOMO into and then lose money on

Here's my (novice) strategy

>do your research on what the drugs the company is making actually do and how well they're performing in clinical studies and trials
>make sure the company isn't about to run out of money (almost all small-cap biotechs operate at a loss while they're proving their drug works)
>as far as small-cap biotech stocks go, you have now identified a company with good fundamentals
>buy in BEFORE it goes up on good news and short term traders start to buy in
>hodl until your bull thesis is compromised (bad study results, company starts running out of money, etc)
>expect volatility and don't panic over short term price action
>keep track of upcoming catalysts