The United States of America has the largest economy and is the leading international trader. It comes at the top of the list of percentages of the total population invested in the stock market. The latest study tells that more than 50 per cent of adults present in the United States invest in the stock market. The stock market(secondary market) is a category of capital market where the public can buy or sell shares of any listed company.
Since the Covid-19 pandemic has hit, work from home began, people became more active in the market. The whole world was operating on their cell phones, laptops, etc. At that time, most of them took advantage of it and learned about stocks, the economy, how they work together, and what correlation they have.
Along with the Stock market, the Cryptocurrency market also got attention during this time, and many people jumped into it. The Crypto market has shown abnormal returns in the past 2 to 3 years since the pandemic began, and many people have made a fortune trading in them.
Trading is a very lucrative and psychological job, but with huge profits/losses comes stress, anxiety, FOMO(fear of missing out), etc. That is when CBD Gummies come in for the rescue. There are circumstances when unknown/unforeseen risk affects their portfolio in ways that a trader cannot predict.
For Example, when Russia declared war on Ukraine, the Dow Jones index fell more than 5 per cent in a week. So, CBD-based products help reduce the metabolism and calm down the thought-process of the trader. Hence, stop them before from making dumb mistakes with their portfolio.
In this blog, we will know more about CBD-Gummies and how they can help a trader in their professional life.
What Is CBD?
Contents
It is a compound that we find in the Cannabis Sativa plant. More than 75 chemicals are present in that plant, but Cannabidiol is present in hemp( a state of the cannabis plant). It contains small amounts of Delta-9-tetrahydrocannabinol (THC), the most prominent component in cannabis. THC contains psychoactive elements that induce dizziness among users.
Marijuana also contains THC in large quantities, and hence, the users of marijuana use it majorly for its psychoactive qualities.
Hemp and related products are legal in most states of the country. It is an organic/herbal product, so people trust it more than chemically made drugs. It is readily available in most of the states. Since the Farm-bill was passed in 2018 and made hemp legal in the states, it is impossible to keep it illegal. It removed all CBD-based products from the CSA(Controlled Substances Act), which penalizes the ownership of these drugs.
A research firm predicts that the CBD industry can reach three billion-dollar sales by 2022 and more than twenty-two billion-dollar by the end of 2025. California is the biggest consumer and supplier in the country.
How Can CBD Solve Problems For A Daytime Trader In Crypto?
People praise it for its many health benefits, and shreds of evidence show that it helps treat the most lethal childhood epilepsy syndromes. A trader can benefit from CBD-based products in these ways -:
- Can Help With Emotions OF A Losing Trade
A trader’s business is 70 percent psychological, said in many bestseller trading books, and the rest is buying/selling & waiting. It is a business where you are alone most of the time, and no one is there to stop or sympathize with you at such times.
So when a trade gets in loss, that affects the psychology directly, which results in overtrading and more disaster to the portfolio. CBD gummies are very easy to consume. They come in easy-to-carry containers that have details about the dosages and components. Therefore, it is effortless for a stock/crypto trader to take them without moving away from their table.
A consumer should only use it in the prescribed dosage or get addicted to its use. One should always take medical advice and adhere to the dosage provided.
- Improves Sleep
There is one type of strategy in trading known as Buy Today Sell Tomorrow(BTST), which means a trader has to carry overnight positions for the next day. Sometimes troubles arise overnight in the world markets, and some unexpected events happen after the closing hours.
For Example, when the Russia and Ukraine war took place, all the world markets (including our Dow Jones and S&P 500) opened two to three percent down, which caused losses to BTST traders.
In such unforeseen situations, CBD can help neutralize overthinking and slow down the metabolism, which induces calmness and sleep in the consumer. Good sleep is the most crucial part of a trader’s lifestyle as it provides healthy psychology(psychological thinking).
- Reduces Mental Pressure
Finances can shake up various types of feelings/emotions that are present in a human body and can result in irregular behavior and not following trading rules.
In today’s scenario, no one can escape from stress and tensions. Regular stress can harm/vandalize risk-reward-based judgment making. The actual reasons which cause stress are complex to identify. CBD products are popular tools for having lightness, and it is the best substitute for people who use marijuana to reduce their mental burdens.
When a consumer takes it in fixed dosage, the hemp extract present in it helps calm the jitters of a stressed mind and helps to relax.
- Increases Energy levels
Less stress, anxiety, an imbalanced sleep cycle can reduce the amount of cortisol produced in our body. It is a hormone that generates in the brain when it senses stress. Cortisol increases glucose production in the bloodstream, which reduces our power to focus or concentrate.
With a good sleep and a calm mind, an individual can start the day with a pleasant mood and focus on their work more efficiently without any disturbances or second thoughts. CBD gummies direct the neural system to guide the focus or concentration of the brain to things only that are related to their life.
Is CBD Legal?
Yes, CBD is legal in more than half of the states in America, and other states allow it with some restrictions like fewer THC levels or zero.
But the maximum amount of THC a CBD product can have is 0.3 per cent.
The age criteria to buy is applicable in marijuana as well as CBD-based products. Only the products obtained from the hemp plant are legal as per the Farm bill.
Conclusion
So as a trader by profession, should you consume CBD? Yes, we went through all the benefits and possibilities which a trader goes through. And, we found that they tend to take more stress and tensions than other professionals and have a less social life. Hence, CBD gummies are a good product for traders to enter the CBD universe with the growing demand for organic/herbal treatment.
