Traders Daily Direction
This is Why Trading Can be Difficult
Hey friend, The market rally continues… And you can see that by looking at the sea of green in The Daily Direction table below. The Daily Direction Note: All indexes – except the Russell 2000 – closed higher yesterday. No change in any index directions. The Daily Nugget A lot of successful trading is counterintuitive. […]
The Basic Rule of Profitable Trading
Hey friend, Let’s see how the markets have been moving as it awaits the Fed’s decision tomorrow. The Daily Direction Note: Another solidly green close for all the indexes yesterday. Everything is still firmly in the green. The Daily Nugget Don’t fight the primary trend. With the S&P 500 now officially in a bull market, […]
What you need to know about charts
Good Evening, Traders! If you’ve been following along as I trade, you know that I use a lot of charts as I make trading decisions in the futures markets. Today, I want to teach you what indicators and setups I use when preparing my charts. I know it can get a bit confusing when dealing with … The post What you need to know about charts appeared first on Josh Daily Direction.
This is a Mistake
Hey friend, Let’s see how the markets have been moving as we begin a brand-new trading week. The Daily Direction Note: Stocks ended the week largely flat, but it was a negative week overall. All indexes’ long-term directions remain positive, while their short and medium-term directions stay negative. The Daily Nugget “The real mistake comes […]
What “Working Harder” at Trading Really Means
Hey friend, Let’s find out the markets have been moving. The Daily Direction Note: Fears about the regional banking crisis weighed on markets yesterday. Short-term direction on all indexes is now negative. The Daily Nugget It’s not about working harder, it’s about working the system. For most people, the term working harder is directly related […]
Brace for Impact
Hey friend, Powell is just finishing up the post-Fed meeting press conference right as this newsletter is going out. We’ll show you what to do about it a bit later. But in the meantime – let’s see how markets have been moving in anticipation of the “big event”. The Daily Direction Note: Indexes closed slightly […]
Emotional Volatility vs. Market Volatility
Hey friend, Let’s see how the markets have been moving as we enter the middle of the trading week. The Daily Direction Note: Indexes reversed course yesterday on the back of positive economic data, with all indexes closing higher. All directions are now back in the green. The Daily Nugget The market may be volatile […]
How to Turbocharge Your Futures Wins
Good Tuesday, Traders! Yesterday, we went through the new market call for US small stocks as represented in the Russell 2000 Index futures market (RTY). And today, we’re taking it up a big notch with the prospect of turbocharging the trading results of the underlying Russell 2000 Index. This is done by adding the additional … The post How to Turbocharge Your Futures Wins appeared first on Josh Daily Direction.
This Opens Up So Many Opportunities
Hey friend, Time to see how markets have been moving as we end the week. The Daily Direction Note: As expected, markets closed higher yesterday thanks to the debt deal easily passing Congress. Hopefully we can stop talking about all this debt drama by early next week. The Daily Nugget Switching time horizons can show […]
Why These Market Fundamentals Are Worth Reviewing
Good morning, traders! It’s Wednesday, and that means it’s time to talk about a fundamental aspect of trading. Today, I’m going to focus on the basic details surrounding futures contracts and how to trade them. Trading can be a lucrative profession. Traders and brokers move millions of dollars in liquidity every day. Along with stocks … The post Why These Market Fundamentals Are Worth Reviewing appeared first on Josh Daily Direction.
Easy Times / Tough Times
Hey friend, Let’s see how the markets have been moving as we begin a brand-new trading week. The Daily Direction Note: Last week marked the fourth straight positive for the S&P 500. As you can see, all indexes are still firmly in the green. The Daily Nugget The best time to set sail is when […]
Can You Master This Trading Paradox?
Hey friend, Here’s how the markets have been moving as we enter the middle of the trading week. The Daily Direction Note: Stocks closed slightly lower yesterday as Treasury yields rose – but it wasn’t enough to cause any shifts in the indexes’ directions. The Daily Nugget You can be BOTH conservative and aggressive in […]
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