My #SPAC "system"

3 pools. 1 & 2 compete to advance/stay in their pool, winner goes into 3. Only one winner (best DA) moves up.

Pool1. Rumors, LOIs.
Pool2. Best guesses, scoring based on age, team, target, and funding.
Pool3. Best of the best with LT legs.

No dead . Pool4

Pool4 is for safety. When volatility ticks up and/or SL triggers trip, I move anything speculative into near NAV SPACs. That's like a bank account, but with better interest.

I maintain lists daily for potential moves in/out of each pool.

Day job limits daytime trades. So...

After losing 100k in a day a few years ago, I've become much more conservative. In spite of the risks, I've found SPACs to be a perfect fit. Most months are gaining 20-40% returns. That sounds aggressive, but believe me, I keep a tight leash (SL) on my .

Pool1 and Pool2 usually have 5-8 SPACs.

Pool3 is only the best DA/imminent mergers, with 1-2 added/closed per month. If it looks like less than 20% pop remains in the next deal, I'm out, and redeploying those funds is a better use than parking them for a month.

I try to balance Pool1/Pool2 with 25% each, but it fluctuates week to week. And I only build those as the price is right. Actual turnover is fairly low by being selective up front.

Pool3 is 40-50% by value. Try to keep 5-10% cash (could also be near NAV SPAC) for opportunities.

Most of my moves are lateral, swapping one speculative SPAC for another within Pool1/2, usually after a .

This has worked for me. I'm a firm believer in developing your own strategy/system and tweaking it as you learn. The way you evaluate and trade will differ from mine.

My goal is 20% gain per pool each month. Tracked/managed daily.

The real message here is that you need a system. Without it, you're floundering. If any of my ideas help you formulate/improve your own strategy, please shoot me a DM. I'm always looking for ways to improve as well.