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	Comments on: Stock Market, Nat Gas &#038; Cannabis Stocks Analysis &#038; Trade Ideas	</title>
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	<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: warrene33		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13149</link>

		<dc:creator><![CDATA[warrene33]]></dc:creator>
		<pubDate>Fri, 18 Oct 2019 16:16:35 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13149</guid>

					<description><![CDATA[&lt;a href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt;&lt;/a&gt; Thanks much for the discussion on when you use logarithmic vs arithmetic in this video. I posted a question about this earlier. And now I know where on your chart to look to see in what mode you are in!
Also, I enjoyed the review of the penny stocks, reminds me of trading crypto :). In fact, the CNAB chart you show looks a lot like DOGEBTC, with similar regular price mooning from a key support level.
Question: I have never traded penny stocks before. When you trade penny stocks, do you need to consider how the size of your position might effect price? For example, if I take $5-$10K position in a $.31 stock like CNAB, am I still chump change and will a limit order fill? Or if instead I place a market order, would I expect a lot of slippage?
Thank you!]]></description>
			<content:encoded><![CDATA[<p><a href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> Thanks much for the discussion on when you use logarithmic vs arithmetic in this video. I posted a question about this earlier. And now I know where on your chart to look to see in what mode you are in!<br />
Also, I enjoyed the review of the penny stocks, reminds me of trading crypto :). In fact, the CNAB chart you show looks a lot like DOGEBTC, with similar regular price mooning from a key support level.<br />
Question: I have never traded penny stocks before. When you trade penny stocks, do you need to consider how the size of your position might effect price? For example, if I take $5-$10K position in a $.31 stock like CNAB, am I still chump change and will a limit order fill? Or if instead I place a market order, would I expect a lot of slippage?<br />
Thank you!</p>
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		<title>
		By: melocybe		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13148</link>

		<dc:creator><![CDATA[melocybe]]></dc:creator>
		<pubDate>Fri, 18 Oct 2019 10:03:31 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13148</guid>

					<description><![CDATA[https://seekingalpha.com/article/4297100-beyond-meats-plunge-may-starting]]></description>
			<content:encoded><![CDATA[<p><a href="https://seekingalpha.com/article/4297100-beyond-meats-plunge-may-starting" rel="nofollow ugc">https://seekingalpha.com/article/4297100-beyond-meats-plunge-may-starting</a></p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13147</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 21:48:00 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13147</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13146&quot;&gt;Large Coffee&lt;/a&gt;.

Yes, I still have a starter position in BYND which I plan to either add to if it can rally back above 121.16 tomorrow or close out if it continues lower as it has entered the top of the gap but only by a relatively small amount with positive divergences still intact on the 60-minute time frame for now.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13146">Large Coffee</a>.</p>
<p>Yes, I still have a starter position in BYND which I plan to either add to if it can rally back above 121.16 tomorrow or close out if it continues lower as it has entered the top of the gap but only by a relatively small amount with positive divergences still intact on the 60-minute time frame for now.</p>
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		<title>
		By: Large Coffee		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13146</link>

		<dc:creator><![CDATA[Large Coffee]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 19:46:24 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13146</guid>

					<description><![CDATA[&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt; Are you still in the Beyond Meat position?]]></description>
			<content:encoded><![CDATA[<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> Are you still in the Beyond Meat position?</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13145</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 18:46:15 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13145</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13143&quot;&gt;czekboi&lt;/a&gt;.

I explain why I typically list multiple price targets on the trade ideas on the FAQ page which can be accessed here: https://rightsideofthechart.com/frequently-asked-questions/  as well as on the RSOTC Support Center which is accessible by clicking &quot;Resources&quot; on the top menu of the site.
On the FAQ page, click on the &quot;Trading Related Questions&quot; tab &amp; then select &quot;Why do some trades list multiple price targets?&quot; as well as &quot;How are price targets for each trade determined?&quot;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13143">czekboi</a>.</p>
<p>I explain why I typically list multiple price targets on the trade ideas on the FAQ page which can be accessed here: <a href="https://rightsideofthechart.com/frequently-asked-questions/" rel="ugc">https://rightsideofthechart.com/frequently-asked-questions/</a>  as well as on the RSOTC Support Center which is accessible by clicking &#8220;Resources&#8221; on the top menu of the site.<br />
On the FAQ page, click on the &#8220;Trading Related Questions&#8221; tab &#038; then select &#8220;Why do some trades list multiple price targets?&#8221; as well as &#8220;How are price targets for each trade determined?&#8221;</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13144</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 17:27:40 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13144</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13139&quot;&gt;Jim1940&lt;/a&gt;.

Good point. It&#039;s hard to say just how far any counter-trend rally in the cannabis sector will go, assuming that we even get one soon (still a bit more work to be done to confirm a breakout). As such, trailing up stops (either manually or using trailing stop-loss orders) might help to keep one in the trade, should the rally far exceed some of those initial price targets. The downside to that could be giving back a good chunk of profits, should those trades correct sharply or even start the next leg down after hitting the early targets, assuming they do. Another consideration is that the tighter the stop, the larger the chance of getting shaken out of a trade that could have much more room to run from the typical pullbacks that occur during a rally.
First things first &amp; that would be to get some solid &amp; convincing buy signal, primarily on MJ the leading/larger pot stocks such as CGC, ACB, TLRY, etc..]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13139">Jim1940</a>.</p>
<p>Good point. It&#8217;s hard to say just how far any counter-trend rally in the cannabis sector will go, assuming that we even get one soon (still a bit more work to be done to confirm a breakout). As such, trailing up stops (either manually or using trailing stop-loss orders) might help to keep one in the trade, should the rally far exceed some of those initial price targets. The downside to that could be giving back a good chunk of profits, should those trades correct sharply or even start the next leg down after hitting the early targets, assuming they do. Another consideration is that the tighter the stop, the larger the chance of getting shaken out of a trade that could have much more room to run from the typical pullbacks that occur during a rally.<br />
First things first &#038; that would be to get some solid &#038; convincing buy signal, primarily on MJ the leading/larger pot stocks such as CGC, ACB, TLRY, etc..</p>
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		<title>
		By: czekboi		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13143</link>

		<dc:creator><![CDATA[czekboi]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 17:22:37 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13143</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13139&quot;&gt;Jim1940&lt;/a&gt;.

Set targets help me with discipline ?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13139">Jim1940</a>.</p>
<p>Set targets help me with discipline ?</p>
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		<title>
		By: czekboi		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13142</link>

		<dc:creator><![CDATA[czekboi]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 17:21:27 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13142</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138&quot;&gt;czekboi&lt;/a&gt;.

Thanks guys. I usually buy 8-10 weeks. I do do have to discipline myself &amp; collect profits.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138">czekboi</a>.</p>
<p>Thanks guys. I usually buy 8-10 weeks. I do do have to discipline myself &#038; collect profits.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13141</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 17:21:20 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13141</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138&quot;&gt;czekboi&lt;/a&gt;.

My focus is on trading individual stocks, ETFs &amp; futures, not options. However, quite a few traders here opt to use options on the trade ideas shared here although I don&#039;t provide any parameters for options trades such as which strikes or expiration dates to go with. I&#039;ll have to leave that up to the options traders although I will say that IF we start to get the bullish confirmation that I&#039;m looking for (as discussed in this video) on the majority of the leading pot stocks and/or MJ, I would expect a relatively swift rally in the pot stocks with many hitting the first, second or even third price targets in just a matter of weeks or even days. As such, if I were to play a counter-trend bounce in the sector via options (which I am not as I prefer to buy the shares), I would opt for relatively close strikes (1-3 months out). Again, that&#039;s if &amp; when it appears that the sector has started to break out.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138">czekboi</a>.</p>
<p>My focus is on trading individual stocks, ETFs &#038; futures, not options. However, quite a few traders here opt to use options on the trade ideas shared here although I don&#8217;t provide any parameters for options trades such as which strikes or expiration dates to go with. I&#8217;ll have to leave that up to the options traders although I will say that IF we start to get the bullish confirmation that I&#8217;m looking for (as discussed in this video) on the majority of the leading pot stocks and/or MJ, I would expect a relatively swift rally in the pot stocks with many hitting the first, second or even third price targets in just a matter of weeks or even days. As such, if I were to play a counter-trend bounce in the sector via options (which I am not as I prefer to buy the shares), I would opt for relatively close strikes (1-3 months out). Again, that&#8217;s if &#038; when it appears that the sector has started to break out.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13140</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 17 Oct 2019 17:16:10 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=193765#comment-13140</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138&quot;&gt;czekboi&lt;/a&gt;.

Randy does not give expiration dates for options traders typically. For me, if I am sold on one of Randy&#039;s trade ideas I will buy an option two months out and book profits on the first big surge in my direction. Be careful because if you don&#039;t take profits the first time you may not get another chance to, trust me]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-nat-gas-cannabis-stocks-analysis-trade-ideas-2/#comment-13138">czekboi</a>.</p>
<p>Randy does not give expiration dates for options traders typically. For me, if I am sold on one of Randy&#8217;s trade ideas I will buy an option two months out and book profits on the first big surge in my direction. Be careful because if you don&#8217;t take profits the first time you may not get another chance to, trust me</p>
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