A key to learning how to be a successful day trader or swing trader is in your ability to be self-aware and honest with yourself. This can be a huge challenge for beginners to the stock market and those people who are still trying to figure out a money making trading strategy. One of the biggest traps I see new traders fall into is that of overconfidence. They see some initial success and then the line between “luck” and “skill” begins to get extremely blurry. The tricky part here is that when you warn people that their success might be due to “luck”, they get defensive and proclaim you are a hater and jealous. While I fully understand this reaction on their part, I want to show you with some actual proof within the world of marijuana stocks that overconfidence is a very real problem and can kill results.