I have success in adopting the following strategy to pick the hot stocks.
* I follow the hot stocks that are covered by several YouTubers.
* I follow the chart showing tremendous growth in the stock price.
* I wait for a direct stock offerng at a discount. This often leads to a correction in the stock price to be close to the discounted price.
* I buy on the dip.
* I sell when the price recovered to the previous high. Sometimes, I waited for the price to move higher.
This stragety worked well for several stocks that I invested recently, including Nano Dimension (NNDM), Bionano Genomics (BNGO), Gevo (GEVO) and Cassava Science (SAVA).
However, it does not work for some oher stocks that I invested, e.g. AQB (AquaBounty), This is due to some negative event for this stock. I will wait for the event to be fully discounted.
Tan Kin Lian