Caleb Chijioke
liked
Beginner's luck is a commonly seen phenomenon in many chance events. Many people make money during their first days, weeks, or even months in trading.
Let's first find out what people say about beginner's luck.
Yes, fingers crossed. Luck plays a role in trading, especially for beginners.
Some believe that beginner's luck is real because it is founded on information. He buys (hardly any newbie ever short sells) the stock that someone tells him. He buys it when he is told to buy it and he holds it for a while and sees some profits and sells it. Now he thinks that’s all there is to it. Therefore, beginners are more cautious and less greedy, which might be the reason to explain "luck".
What's more, the stock market is, as most would agree, unpredictable. Timing the market is as hard as looking for a needle in a haystack.
No way! Trading has nothing to do with luck.
Every trading market experiences certain periods of upswings (bull) and downswings (bear). What happened to a beginner is that the new trader entered the market during a bull run. Once the bull market ends, that is when a trader’s real test of skill begins.
A review to our previous Mooers' Stories "Why did you start trading?"
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Caleb Chijioke
voted
The Food and Drug Administration authorized a set of e-cigarette products for sale in the United States for the first time on Tuesday after it concluded that the benefit to adult cigarette smokers outweighed the risk posed to young people.
The news becomes a strong catalyst to related companies like:
$RLX Technology (RLX.US)$ is up almost 15% to $5.33
The FDA authorized only tobacco-flavored nicotine cartridges and denied requests from R.J. Reynolds for 10 flavored products, saying that young people typically start e-cigarette use, often called vaping, not with tobacco but with flavors such as fruit, candy, or mint.
According to the Global e-Cigarette Market report:
The global e-cigarette market is expected to reach US$84.43 billion in 2025, progressing at a CAGR of 17.65%, over the period 2021-2025. And the government's approval or denial will play a key role in the industry for sure.
The fastest-growing regional market is the U.S. due to increasing awareness of safer tobacco alternatives, continuous efforts of anti-smoking organizations shifting the tobacco consumers to alternative forms i.e., e-cigarettes.
Do you think the e-cigarette is a better idea? Any thoughts about it?
Source:
FDA authorizes an e-cigarette for first time, saying benefit for smokers outweighs risk to youths
The news becomes a strong catalyst to related companies like:
$RLX Technology (RLX.US)$ is up almost 15% to $5.33
The FDA authorized only tobacco-flavored nicotine cartridges and denied requests from R.J. Reynolds for 10 flavored products, saying that young people typically start e-cigarette use, often called vaping, not with tobacco but with flavors such as fruit, candy, or mint.
According to the Global e-Cigarette Market report:
The global e-cigarette market is expected to reach US$84.43 billion in 2025, progressing at a CAGR of 17.65%, over the period 2021-2025. And the government's approval or denial will play a key role in the industry for sure.
The fastest-growing regional market is the U.S. due to increasing awareness of safer tobacco alternatives, continuous efforts of anti-smoking organizations shifting the tobacco consumers to alternative forms i.e., e-cigarettes.
Do you think the e-cigarette is a better idea? Any thoughts about it?
Source:
FDA authorizes an e-cigarette for first time, saying benefit for smokers outweighs risk to youths
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Caleb Chijioke
commented on
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