Hey friend,
Let’s see how markets have been moving.
The Daily Direction
Note: A generally lower close yesterday as worries increased about whether the debt ceiling standoff would be resolved in time. Only the NASDAQ closed higher – and several indexes’ directions flipped downward.
The Daily Nugget
The news is just data points – not a source of truth.
All trading is essentially interpreting data to estimate its probable effects on the market.
The news represents just ONE source of data – a source that’s frequently full of bias.
You shouldn’t underestimate its impact on the market – it’s very real. But you shouldn’t overvalue it either.
Be objective about it, and most importantly – don’t make emotional decisions in reaction to the news.
You know what type of investor doesn’t make emotional decisions based on the news?
The professionals working at the billion-dollar institutions. They simply can’t afford to.
And you can actually profit from their decisions – here’s how.
The Traders Agency Team
P.S. Want special trade prospects and potential market moves from Ross sent directly to your phone so you don’t miss out on anything? Text the word ross to 74121 now.
