North American Cannabis Holdings Inc (USMJ)

[a r]

good point and i am curious and intrigued by their Q1 '11 results. i like the transparent companies and the ones that report info when they are not required to.

quick note about my previous reply, just realized when making my point about stop losses i put 4 instead of 3.

your loss strategy in point 4 makes sense and i will keep it in mind moving forward. in the end, it comes down to the fundamental, and logical, reasons you invested in the stock in the first place. if those haven't changed and the losses are greater than 20%, and your belief is correct, those dips give you the perfect opportunity to average down.

one thing i knew i would have to accept when i entered the stock market is losses. i value money highly and as a kid would save birthday money for years. i would keep money from like 3 consecutive birthdays before i used it for any purpose. in the first few months i have come to accept losses quicker then i previously thought, although it always hurts inside when i know i've lost money. however, as everyone should know, you have to be able to accept the risk to make the profit. life is risk/reward and stocks are no different.