Post by
Traderstock101 on Oct 03, 2024 2:29pm
If you wait for good news before buying you will miss train.
I see that you want to wait for good news before buying shares of CGC or WEED and well you are wrong because when the very good news comes out it will be too late for you to buy shares because it will go up too much quickly and you won't have time to place your buy orders. The titles will open sharply and massively with huge volume. Here is an example that could happen like WEED when the good news comes out WEED will probably open at $9.00. So you miss a profit of $3.00 per share before the opening because you waited and hesitated before buying while waiting for the news to come which made you lose $3.00 in profit before the stock took off. Everyone knows that we should buy stocks before the good news coming out in the markets and sell during the day or the next day or even after a few days following the good news. So it's up to you to decide if you're already a loser by not buying before or if you're already a winner before the good news comes out.