The markets are rallying hard – even faster than Ross Givens predicted.
So, as we close out the trading week, let’s see how the markets have been moving.
The Daily Direction
Note: All indexes “gapped up” yesterday – the best day for the markets in months. This sent all indexes’ short-term directions back upwards, with the Russell 2000 the only one remaining in a long-term downtrend.
The Daily Nugget
Preventing large losses is simple – but not easy.
Many things in life – and trading – are simple, but not easy.
Preventing large losses on your trading positions is one of those things.
It’s simple – keep your stop losses tight, and make sure you honor them as an absolute “line in the sand”.
But it’s not easy.
Your emotions will tell you not to sell…
That you just need to give it time…
And the stock is “sure” to recover.
Fighting that natural emotional urge (loss aversion) is why it isn’t easy.
If you can’t fight this urge, even the best trading strategy in the world won’t do you much good – because you won’t be able to follow it properly.
But if you can train yourself to do so – the market becomes your oyster.
So, keep working on that emotional part.
As for the strategy part – Ross Givens has you covered.
Because with the market rallying right now, now is the time to take action with his “breakout trigger” strategy.
This strategy is based on spotting when the institutional money could be about to flood into a stock…
And send its price surging.
And right now, we have a very special promotion…
Where you can get a full year of access to this strategy for just 99 cents.
There’s no catch – just pure value.
But obviously, we can’t keep a deal like this on the table for much longer…
The Traders Agency Team