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Trading Ideas

6 Marijuana Penny Stocks to Watch in 2021

Last year was a low point for many marijuana stocks. Although, 2021 is off to a great start and the cannabis industry is firing on all cylinders. That’s why I’m considering buying a few marijuana penny stocks.
I’ve been researching the industry for over five years now. And there are more investing opportunities than ever before. The list of stocks below gives direct exposure to the industry.

Top 6 Marijuana Penny Stocks

Cannabix Technologies (OTC: BLOZF)
Medical Marijuana Inc. (OTC: MJNA)
Namaste Technologies (OTC: NXTTF)
Terra Tech (OTC: TRTC)
Cannagrow Holdings (OTC: CGRW)
Choom Holdings (OTC: CHOOF)

The stocks on this list trade over the counter (OTC). They’re on …read more […]

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Trading Ideas

What is Spread Trading?

Spread trading is a form of speculative trading that leverages the buy/sell spread of a security and your investment amount to determine the gains or losses of the position when it’s closed. It’s commonly associated with FOREX indices and is an advanced trading strategy that requires a Level 2 trader account, for real-time access to the spreads of securities from market makers.
With real-time information on bid/ask amounts, traders can use their due diligence to speculate on the movement of a security and open a position relative to that movement. The bid amount is multiplied by change in spread—its net …read more […]