Don’t let emotion rule your trading. Find out what’s really happening then make your decision based on fact, not banter or rumor on the bullboards.
Fortunes are made on the markets every day but some take time to mature. Savvy investors see an opportunity where others may see fear or weakness. The markets are always swayed easily by fear and some are quick to lock in profits before assessing the true nature of the fear and its validity. How many times have you looked back and realized you just left a lot of money on the table for someone else to move forward with? If a story is bad and the industry is not to your liking then you probably should lock in your gains and go back to your comfort zone.
But even if you don’t know anything about marijuana or the new laws, it’s pretty simple math to see how much money is ahead for this sector with no big players yet and only a small number about to get started.
* Always conduct your own due diligence when investing and protect your money.