ilmscore | Prediction Details
"I don't usually like trading these types of derivatives um one of the other problems is that I feel like there are high frequency trading algorithms that are like actively calculating the price of Bitcoin as these are trading and sort of it it's just like there's a there's another level of algo involved it's not exactly the same as trading options but you know when you trade options They Don't Really vary Too Much from the value of the underlying asset in the sense that options don't usually go up a ton when the underlying asset isn't moving they they move to a certain extent in Tandem and that happens with a lot of these stocks are tied in with cryptocurrency"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:13:20 - 00:14:03
Interpreted Prediction
Trading stocks tied to cryptocurrency is generally avoided due to them acting as derivatives influenced by high-frequency trading algorithms that track Bitcoin's price, making their movement less independent compared to options.

Prediction Details

Topic
Crypto-Related Stock Trading

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