Home » The Daily Direction » Should You Be An Optimistic Trader?

Should You Be An Optimistic Trader?


Hey friend,

The Fed is meeting as you read this… and markets have been quiet pending the outcome of their meeting tomorrow…

Which is why – with one exception – today’s Daily Direction table looks exactly the same as yesterday’s.

The Daily Direction

Note: Most indexes barely budged yesterday – with the exception of the Russell 2000, which fell by 0.7%, causing its long-term direction to flip negative for the first time since early June this year. It’s not been a good year for most small-cap stocks, and this trend shows no signs of abating.

The Daily Nugget

Simple tip for proper position sizing – focus on how much you could stand to lose, not how much you want to gain.

It’s proven that optimists do better in life.

But when determining proper position sizing for your trades, it’s wise to not focus on how much you could gain…

But how much you could stand to lose.

Remember, to win at trading in the long run, you first need to survive…

And that starts with disciplined use of stop losses and appropriate position sizing.

It doesn’t matter what strategy you’re using – doing this will serve you well in the long run.

Just something to keep in mind on a Tuesday.

And if you’re looking for a tested strategy that could set you up for maximum success once the market’s new direction becomes clear…

Just click here to find out more about Ross Givens’ flagship strategy.

The Traders Agency Team

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

All This is Yours for just 99 CENTS! (Limited Time Only)

No catch and no gimmicks. Get a full year of access to Ross Givens’ Live Action War Room for just 99 cents today – alongside the name of his “$3 AI Wonder Stock”. Deal expires soon.

Notify of

Inline Feedbacks
View all comments

Whats in the Article

Traders Daily Direction

Looking for an edge? Our team has the inside scoop on top analysis that will help grow your portfolio.. Receive a new daily direction every day and get ready to see your investment SURGE!