Sometimes winning isn’t everything. Better yet, sometimes it’s not the number of winners that matters, but the amount of each winner. That’s something that I kept in mind when developing Cannabis Paydays .
You see, the Cannabis Profit Code backtest produced $53 in gains for every $1 lost. That means that even if you only win with one stock out of four, you’re still earning more than what you’d lose.
Applying that same algorithm to Cannabis Paydays, I was able to identify “moonshot” stocks. These are winners that are able to land huge gains — winners of 1,000% or more.
This ties back to the idea that it’s not winning that matters, but rather the amount of the winners. By landing these “moonshot” winners, the amount were capturing is much more than is lost. And that’s not considering those shorter plays that result in winners of 100%, 200%, 300%, or more.
Having an exit strategy also helps to minimize losses. It’s part of what makes Cannabis Paydays so lucrative — the idea of adhering to a systematic approach that allows the winners to run higher while cutting our losses before they hit too hard.
I sat down with Dave Okenquist to cover more about how to profit and reduce losses with Cannabis Paydays. Simply click here or the video below to watch the interview.