I made a bet with a friend who is a trader that i can beat him in the market with a simple (KISS) trading strategy. I know think i may be on to something. lol
I started by finding the biggest gainers in (24 hour) on coincap that are priced below a dollar. This is a list of 30 coins. I then cross referenced the biggest gainers - (1 hour) This gives me a list of 3-7 coins on average. I then buy into each coin and hold it for 2 hours an sell. I ran a test on this and 7 out of 10 times i have turned a decent profit. Most coins lost value but the other few covered my losses and turned a decent profit. Average 20-30%. When i lost, i only lost less than 10%.
Is there something to this?