Comment by KellyCriterion

I do not know about daytrading, but trading in the long term works, if you have a (technical/IT) system.

Regarding meme stocks: I do not see how this should work compared to the "real market", as on the real market you have clear signals when it is useful to enter a position (e.g. institutional attention), but on the meme "stock" market lacking those features it is much much harder to make any money - unfortunately, a lot of young people are trying their fortuna