InvestorsHub Logo
Followers 404
Posts 6495
Boards Moderated 0
Alias Born 12/06/2012

Re: ZenMan 111 post# 34203

Wednesday, 11/14/2018 2:56:40 PM

Wednesday, November 14, 2018 2:56:40 PM

Post# of 70338
Humbled buddy! My ambitions definitely to help. Appreciate the kind words and glad to hear you were able to cut losses short and live to trade the next day. ACB remains a day trading stock for now; plenty of damage areas.

I'll need to see some confirmation before jumping back into ACB, even to day trade. ACB doesn't provide enough movement (swings) to turn a good risk/reward profit. There are other trades that I've been in yesterday and today that made up for the action though.

There is one cannabis stock right now that's showing signs of the most strength... ACB is certainly not a contender in the top three as of now.

When I talk about stocks and strength I am not focused AT ALL on any press releases, biased articles, company rubbish about 'how great they are', etc. - I can only focus on what time and price.

There is nothing wrong waiting for confirmation, even if means you'll be paying a little more. Of course, if you do buy - ensure you have stops in place either systematic or mental numbers and do not deviate or 2nd guess the trading plan criteria.

Always have a trading plan in place. Avoid the noise on the boards and focus on protecting capital and following your trading plan.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News