Marijuana Stocks: How Trading Overconfidence Kills (with PROOF!)
A key to learning how to be a successful day trader or swing trader is in your ability to be self-aware and honest with yourself. This can be a huge challenge for …
Interesting to find this now… years ago I have concluded that my success in the first years of stock market was mostly luck and not skills (not talking about pot)… sad, frustrating, mentally and financially – that's a tough lesson to learn. When the tide is high, all boats rise!
Pot stocks will eventually turn back up, patience is also a skill traders need. "the market is a tool to transfer money from the impatient to the patient"
Thanks Clay for sharing this video, you are awesome. In all your videos, sharing your experiences with real facts, appreciate your efforts, learning a lot from your videos. In fact, these are actual things happening in our day to day trading.
I bought CRON at $18 in March. And then it kept going down and down and down…… and down. But I held on thinking eventually it will come back up. In hindsight, I made so many rookie mistakes. On top of that I missed out on so many easy opportunities this year (AMD, TSLA, ROKU) and so much potential experience I could have gained. FML.
Now it is at $7! The only reason I am hanging on is because I think it will jump as soon as they shift the company to the States in early 2020.
If you were me would you get out now or wait a few more months?
Ahhh I remember when I was a young trader and bought CGC at $52. Dumb entry but looking glad I'm glad I had a stop when it broke $50. Every stock I see I think of different progressions of a trader I was. Thanks for the video Clay!
PSA you want to know what dips to buy go to StockTwits there’s a bunch of “experts” that will tell you which ones to buy… @clay good video I’ve learned how not to fall into traps, now I need to learn how stick with my “ I made enough sell and move on” problem
Thanks for the lovely video. Jumping from XRP to BTC has be a great experience for me, the recent fall of BITCOIN stands as shock to everybody and for some reasons many lost the worth of their coin living them on a page of lost, falling from $13000 to $7100, I believe this trying times are the best invest and not just keep the coin in the wallet, many who traded with the likes of Mr. Adrian Markus during the fall got profit instead of a normal loss. Adrian strategy as a Day trader has helped me recover my lost and even making profit moving from 0.70BTC to 1.40BTC in just a week now trading has being easir and profitable if you will like to increase your portfolio or a newbie reach on Telegram Adrianprofit
Great video, I agree with everything you said, buy and hold forever was death.. CRON isn't AAPL LOL.. That said, seasoned traders made alot of money off the bubble.. Taking profits on the big spikes, adding back on dips along with proper risk management was big $$$
No worries. Never viewed any of yours or anyone else's videos as hating. Sharing your wisdom is why we watch..may not agree with the entire view but take the core message to memory the best I can…thanks
Interesting to find this now… years ago I have concluded that my success in the first years of stock market was mostly luck and not skills (not talking about pot)… sad, frustrating, mentally and financially – that's a tough lesson to learn.
When the tide is high, all boats rise!
Pot stocks will eventually turn back up, patience is also a skill traders need.
"the market is a tool to transfer money from the impatient to the patient"
Thanks Clay for sharing this video, you are awesome. In all your videos, sharing your experiences with real facts, appreciate your efforts, learning a lot from your videos. In fact, these are actual things happening in our day to day trading.
Had just gotten into trading in January 2019.
I bought CRON at $18 in March. And then it kept going down and down and down…… and down. But I held on thinking eventually it will come back up. In hindsight, I made so many rookie mistakes. On top of that I missed out on so many easy opportunities this year (AMD, TSLA, ROKU) and so much potential experience I could have gained. FML.
Now it is at $7! The only reason I am hanging on is because I think it will jump as soon as they shift the company to the States in early 2020.
If you were me would you get out now or wait a few more months?
I know how you feel. I tried to warn people about bitcoin in 2017, and many people that I was a hater also.
Ahhh I remember when I was a young trader and bought CGC at $52. Dumb entry but looking glad I'm glad I had a stop when it broke $50. Every stock I see I think of different progressions of a trader I was. Thanks for the video Clay!
PSA you want to know what dips to buy go to StockTwits there’s a bunch of “experts” that will tell you which ones to buy… @clay good video I’ve learned how not to fall into traps, now I need to learn how stick with my “ I made enough sell and move on” problem
Thanks for the lovely video. Jumping from XRP to BTC has be a great experience for me, the recent fall of BITCOIN stands as shock to everybody and for some reasons many lost the worth of their coin living them on a page of lost, falling from $13000 to $7100, I believe this trying times are the best invest and not just keep the coin in the wallet, many who traded with the likes of Mr. Adrian Markus during the fall got profit instead of a normal loss. Adrian strategy as a Day trader has helped me recover my lost and even making profit moving from 0.70BTC to 1.40BTC in just a week now trading has being easir and profitable if you will like to increase your portfolio or a newbie reach on Telegram Adrianprofit
Great video, I agree with everything you said, buy and hold forever was death.. CRON isn't AAPL LOL.. That said, seasoned traders made alot of money off the bubble.. Taking profits on the big spikes, adding back on dips along with proper risk management was big $$$
I remember those guys that scream on the threads “AM NEVER SELLING” with the wolf of wallstreet movie back drop. Then I remember that was me. 😂
🍻
Yep, wish I saw your video when it came out….down 90 k….fml. what's your thoughts on pot stocks coming back ? Any more thoughts… ? Merry Christmas –
Should’ve listened to you. 🤦🏻♂️
new potential bubble in biopharm sector happening.
if guess you can say the stock got hiiiiiigh
No worries. Never viewed any of yours or anyone else's videos as hating. Sharing your wisdom is why we watch..may not agree with the entire view but take the core message to memory the best I can…thanks