Let’s see how the markets have been moving.
The Daily Direction
Note: Most indexes ended in the green yesterday – a sign that the bulls are still in play. No change in any index directions, however.
Because if you don’t, then the biggest and fastest gains to be had from the AI revolution could pass you by.
The Daily Nugget
Focus on making money instead of being right.
It feels good to be right – to have “called it” when it comes to the market or individual stocks.
But the flip side to that is it must then feel bad to be wrong…
And since we don’t like feeling bad, it then becomes difficult to admit when we’re wrong.
And when we refuse to admit when we’re wrong, we refuse to cut our losses… to make necessary strategic pivots – and end up losing more in the end.
The only way to avoid this is to stop caring about being right – so you won’t feel bad when you’re wrong.
Focus on the bottom line – at the end of the day, that’s all that matters.
The Traders Agency Team