Welcome to a brand-new trading week. Let’s see how markets have been moving.
The Daily Direction
Note: All indexes staged a mini comeback last Friday to close higher. As a result both the S&P 500 and the Nasdaq managed to post a winning week – albeit barely. No change in any index directions, however.
The Daily Nugget
All the pros have learned how to sell into strength – you should do the same.
When your position’s open gain is increasing by the day, you don’t want to sell.
This is normal.
But all the successful traders know how to sell into strength and systematically take profits off the table.
Yes, you’ll leave some on the table. But over time, it’s what makes them successful.
Because if you don’t learn how to sell into strength, you’ll end up selling into weakness.
That’s why Ross Givens had no qualms closing off many of his positions earlier this month to lock in his – and his members’ – open gains.
That’s just what the pros do.
The Traders Agency Team
P.S. If you’re wondering what the best move to take right now, Ross Givens is going live tomorrow at 11 a.m. Eastern to explain everything.
Click here to save your seat – and Ross will explain it all tomorrow.