Hey friend,
Yesterday we had the CPI data, which showed inflation may finally be slowing down.
Today, we got the PPI (producer prices) data…
And it showed the same thing as the CPI data – an unexpected monthly decline (0.3%).
That’s good news for stocks.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes closed flat or higher yesterday and opened higher today as well – sending all index directions back into upward territory.
The Daily Nugget
Risk less so you can swing bigger.
Good risk management is not just about avoiding losses.
It can also help you make more money.
Suppose two traders each have a $10,000 account.
Trader A puts $5,000 into one trade with no clear exit.
If the stock drops 20%, he loses $1,000.
That one loss can rattle him, damage his account, and make him afraid to take the next good setup.
Trader B decides in advance that he will risk no more than $200 on any single trade.
He may still take a large position…
But he knows exactly where he will exit if he is wrong.
That gives him room to take several serious shots without one bad trade doing real damage.
And when a great setup appears, he can act with confidence instead of hesitation.
That is the paradox.
By controlling the downside, you earn the ability to take bigger swings at the upside.
You also sleep better at night because no single position can wreck your account.
And in a volatile market like this one, that becomes even more important.
Individual stocks are making violent moves in both directions.
Which is why in just a few hours at 3 p.m. Eastern…
Head Trader Ross Givens is going LIVE to demonstrate a technique designed to target those explosive moves…
A technique that has led to moves like:
347% in eight days…
211% in three days…
Even 806% in just six days.
And because the risk can be tightly controlled, it is especially useful for traders with smaller accounts.
So click here to guarantee your free seat if you haven’t done so yet…
And Ross will see you in just a bit at 3 p.m. ET.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
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