Due to the trending topic of "weed stocks" here are 3 reasons beginner traders should avoid weed penny stocks!
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DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
✅Watch Me Trade Live Every Single Day: https://learnplanprofit.net/lesson-library
✅How I Make Money Reselling My Supercars: http://www.flippingwheels.net
✅ Free Techbud Solutions Group: http://bit.ly/techbudsfbgroup
✅ Stock Market Blog For Beginners: http://www.marketfaqs.com/
✅ Free Stock Training: https://goo.gl/VuKJaq
✅ Techbuds Apparel: https://techbudsapparel.com/
✅ Ricky's Insta: https://www.instagram.com/rickygutierrezz/
✅ Techbuds Insta: https://www.instagram.com/techbudsolutions/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 150,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
Can you cover CRESO PHARMA in a video? I`m trying to figure out if its good or not.
Is the squeeze worth the juice? TILRAY or nah
I wish I had seen this a few days ago….
Ricky can you please talk bout BINARY OPTION TRADING PLEASE!!
RIcky is correct in one aspect of this video…and that is the day trading tech side of it. Weed stock can be day traded and money can be made. But weed stock at this point should be looked at in a fundamental aspect for the long term. You can not compare the 2 giants ACB and CGC to just about anyone else in the weed stock. These companies have good foundations and are long term….6 months to 5 year holds…maybe even longer.
Facts…i used a virtual investment app to invest in cannopy and my investment just kept falling 😂
Its common sense tho because weed companies in america cannot legally bank thier cash!
If i could invest in canadas weed industry…it would be great
I usually invest in companies that i use….like Take two interactive..(Rockstar Games)
Ive always came up 25% with them
Dont get caught up in FOLO when it comes to using your money for investing.
Haha i think he is flippin coins in these on the lowdown ha. I personally think his channel is a market manipulation all together ha you buy when he buys and you sell when he sells… He knows ur pumpin ur portions every morning dont be stupid folks..
Ive lost 1500 over the past 6 months in "weed" stocks.
Im a long term investor so I disagree
I was a new investor who made 5000 dollars over the course of 2 months….and then i lost 3000 in about 2 days after the legalization lmao,
trading and actually buying the stock to hold is very different. im a forex trader mainly but end of the day if you have you risk managed and you have a setup that follows your strategy it should not matter what asset class or product you are trading.
did you become rich because of the stock market?
Just like any stock risk management is important.. the cannabis industry IS rising tho .. because it’s being legalized in alot of places . Penny stocks i discourage cannabis stocks i won’t discourage.. its the same homework you have to do if you triage , DGAZ, JNUG etc etc …
I cover the Cannabis market daily and this is great advice!!
O yeah
I am a beginner. Lol
These stocks will jump in 2022, so it's a huge taxable income for the government, and the feds regulate the whole thing. Ive already made over $350 on CGC and ACB.
u had me at it's a bad idea for beginners
The challenge is what constitutes a “beginner trader”? If you work your way through Ricky’s voluminous content, then paper trade until you have a threshold win/loss ratio (with proper risk management even losing 60% of your trades is, over time, surprising profitable), there is NO WAY you’re a beginner trader. You just see the charts differently than when the noob you started out. It’s weird. It’s like your vision somehow changes. You see things on charts MUCH more clearly and can easily balance that with educated cynicism. That’s a fabulous combination. You become a warrior. The point is, if you go through the trudge of learning, and paper practicing, the standard techniques (e.g. Ricky’s approach which works reasonably well), allow profiting, sometimes handsomely, from cannabis equities as they are basically just like any other equity albeit with a rougher signal-to-noise ratio and typically faster velocities (Stops people…STOPS!). Do the upfront work, then have some fun with your ‘new eyes’.
Didn’t cannabis stocks shoot up after Jeff Sessions got fired
Weed stocks is what got me interested in trading to begin with. Since I started trading a few months ago I've invested primarily in weed stocks and come out ahead. Mostly all Canada based companies. I've averaged pretty much a 7% return. It's a hot market and from what I can tell, when swing trading, what you want it is a hot market otherwise the stock tends to sit there. And right now weed stocks are hot.
Some help please
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🙂
Oh shit…. just bought ACB this morning HAHAHAHA
At least it isn't a weed penny stock, and I'm up.
I agree with staying away from Over The Counter cannabis penny stocks. I've played these for awhile. He is correct. Only play Cannabis Stocks on the NASDAQ Exchange! Cannabis companies listed on the NASDAQ are well invested with smaller takeovers and beverage companies. Like Consolidated Beverages investing and Pepsi and Coca-Cola looking to get into investing with cannabis. Invest into NASDAQ listed WEED STOCKS!! I agree with what he's saying. Get into it now!