Every day stock market unlocks value with billion transactions where you can find multiple counterparties act with the aim of maximizing profits and minimizing losses. The assumption says that if a skilled trader, with sufficient knowledge of market fundamentals, technical analysis, company’s financial health, etc. does steps towards trend direction the ultimate decision should be definitely found. Yes, it works perfectly in a robotized market environment where decisions are made on short notice. However, people tend to fail in keeping emotions in check and maintaining discipline while trading. Instead, we are too distracted by external things and can’t take proper steps.
Since the early 2014, the marijuana industry has been constantly advancing as legalization embargo eases up in 23 states across the USA. Not only does it serve the medical purposes but also the recreational use, which is bringing new jobs to the economy due to the business expansion. A new lucrative opportunity for inveterate investors from all over the globe comes into sight as cannabis penny stocks set new stage of investment arousal called a ‘Green Gold’ rush.
Amid newfangeld cryptocurrency fever, the highly volatile penny stock market looks very mild and stable which doesn’t necessarily mean it has lost its attraction for prospective investors. Top market movers are still under radar of reputable money market funds and investment banks, which seek the right time to come into play. Apart from that stock hunting, I believe that regular traders (like you and I) with an adequate knowledge of money and risk management can still find a way of making reasonable USD gains off the unequal market conditions.
Do you remember the time back in elementary school when you first came across your multiple-choice questions? Most likely, you spent a plenty of time to figure out what the correct answer was and another dozen of minutes to know how to get rid of wrong choices.
This is called the process of elimination. You simply eliminate the choices which you know are not true and thus increase your chances of getting the right answers. Just like that!
What are the most common investing approaches successful traders use to make fortunes in the financial markets?
- Trading futures or FOREX
- Investing into precious metals or commodities
- Trading world leading indices
- Buying blue chips
- None of the above
You would be surprised but the last answer is the only one correct here! And this is not a joke!