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Read my article http://tim.ly/mjsykes2 about never falling in love with a sector, just trade its volatility and that mentality protected me against big losses as weed stocks are down 25-50% on the day today due to prospective law enforcement regulation Here's an outline of my lessons learned from the Marijuana Stocks Crashing Today 0:13 The US is ending a policy that let's legal marijuana flourish. This happened 20 minutes before the market opened. This absolutely crushed the pot stocks today. 3:55 So many of you want rules to live by (if this happens then buy, if this does NOT happen then don't buy!), but it's all about judging the situation. The news is really bad for the marijuana sector. This is why they're all down so significantly. Beware of pot stocks today. 4:45 The Marijuana stocks are getting crushed right now, but it could be a potential dip buy. 7:22 I review my limit price for selling Marijuana Stocks 8:30 I don't trust offshore trading brokers. I use etrade and will write a blog post about what I'll be trading with this year. 10:20 The more training you have, the better. And it's tough to train when you have a lot of money in the stock market. 12:30 I've learned one important lesson: CUT LOSSES IMMEDIATELY when you hear news like this. The news about the reversal of marijuana laws is devastating to the marijuana stocks today 16:04 You don't have to hold on to stocks. I should not have chased these stocks or felt guilty missing out.