Time to see how markets have been moving as we enter the middle of the trading week.
The Daily Direction
Note: The will-they-or-won’t-they debt ceiling saga continues – this time sending markets to a negative close.
The Daily Nugget
It’s not about how often you win (or lose) – but how much you win (or lose) whenever you do.
Does it matter if you win 80% of your trades – but the 20% of your losses wipe out all the profits from your wins?
And does it matter if you lose 80% of your trades – but the 20% of your wins ultimately put your trading account far in the green?
This is why stop losses are so important, so your losses (even if they’re many of them) don’t wipe out your wins.
And it’s also why when the market conditions are right, you have to summon the courage to get aggressive…
Just like one of our members, who told us he used Ross Givens’ “FIRE strategy” to book $8k in profits this May alone.
If you want to potentially achieve similar results, then make sure you catch Ross’ live presentation on this exact strategy later today at 7 p.m. Eastern.
Because with results like that, you can bet it’s going to be a packed room.
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.