Hey friend,
Here’s how markets have been moving as we enter the middle of the week.
The Daily Direction
Note: A mixed close for markets – with no changes in any index directions.
The Daily Nugget
“Everyone has the brainpower to make money in stocks. Not everyone has the stomach.”
~Peter Lynch
This is especially true in an uncertain environment like this one – where stocks can fall sharply one week only to rally strongly the next.
You see people holding on to past winners even as they keep falling, selling way too soon and missing out on rallies, or buying at the top because they can’t resist not joining in.
It has less to do with the brain and more to do with the stomach – your emotions. This is why having a trading plan is critical to being a successful trader. Fail to plan, plan to fail.
And if you don’t have a clear trading plan right now, then check out this video. It shows Chief Trading Strategist Ross Givens’ detailed plan for finding profitable “outlier stocks” – even in this market.
Start the new quarter on the right foot – with a proper plan.
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.
