Hey friend,
We got the retail sales data from December this morning…
Which showed an unexpected stagnation.
In short, there’s quite a bit of mixed data coming out around the economy lately…
Meaning tomorrow’s employment report will likely carry even more weight.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes closed higher again yesterday and opened higher this morning as well. No change in any index directions.
The Daily Nugget
“Only the game can teach you the game.”
~ Jesse Livermore
This is a quote from one of the greatest traders of all time, Jesse Livermore…
A legend who once made $100 million in a single day (the equivalent of $1.5 billion in today’s dollars).
And by this quote he means that – you can’t become a better trader unless you’re actually trading.
Because it’s when your own money is at risk…
That’s when the real emotions start bubbling up…
Emotions that cause so many people to make all the classic errors of trading.
And that’s where you learn.
Now, we’re not saying that knowledge isn’t useful – it most certainly is.
And even better is having access to proven strategies, like the ones Head Trader Ross Givens has painstakingly developed
All that WILL give you a huge advantage over other traders out there.
But ultimately, you have to get in the game.
Because even if Ross tells you exactly what to buy and when to sell…
You’ll still actually have to do the buying and selling – with your own money.
And that can be a huge barrier for many people…
Because they’re afraid to truly “get in the game”…
So they sit on the sidelines, constantly soaking up and seeking out new knowledge…
All in the hope that it would somehow allow them to avoid the uncomfortable emotions that come with actually trading.
But as Jesse Livermore said…
Only the game can teach you the game.
So don’t wait – get in the game.
Ross and the team will be there by your side.
The Traders Agency Team
