Time to see how markets have been moving.
The Daily Direction
Note: All indexes closed positive yesterday, with the short-term direction of the NASDAQ flipping positive. The biggest reason for this was Nvidia’s blockbuster earnings report – showing the power a market leader can wield.
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
Are you reacting to the market or reacting to your emotions?.
Many people think they’re reacting to the market – but they’re really reacting to their own emotions.
They see a price drop and they sell. They see a price spike and they buy.
They think they’re reacting to the market. But really, they were just reacting to their own fear and greed.
So, how can you make sure you’re reacting to the market – and not your emotions?
There are two parts to this. The first is recognizing your own emotional state. The second is honing your ability to accurately interpret price action.
Neither is easy or instant. But if you want to become a successful trader, they’re both worth doing.
The Traders Agency Team
P.S. If you want to see the best way to react to the current market right now, Ross Givens is going live tomorrow at 12 p.m. Eastern – with a very special guest – to show you how.
Just click here to save your seat – and he’ll see at 12 p.m. ET sharp tomorrow.