First post!Ok, I'm going to post on here against my better judgment.
Guys, if you're a day trader, be a day trader. If you're looking to buy and hold, then relax! When spring 2017 roles and framework for rec marijuana and full implementation in 2018 you'll forget all about this volatility.
The simple matter is this, the owners of the company don't even know why there is volatility, the markets do what the markets do based on supply, demand, fear, excitement and greed. Those are the driving forces of markets.
When I see a dip in the market, I get damn excited because I want to buy more at a good price. People get scared and sell out. Which one of us is wrong?
I've been building this momentum and I've grown a very small portfolio to a monster portfolio buying when people are scared and selling when people are excited.
I'm not gonna suggest anyone relax, be afraid, be very afraid, I'd love to buy more stocks at a good price.... Just stop the whining.
I look on message boards for information from people who trade knowing what they are actually doing with good content valuable shareholders looking to strengthen their position.
PS. if you can't handle stock market volatility, don't be in stocks. There's not such thing as a strait line up. If there was, EVERYONE would do it!