Last week was tough for the markets – but a new week is always a chance for a fresh start.
The Daily Direction
Note: Another hot inflation report pushed the market downward – causing a couple more index directions to flip negative.
The Daily Nugget
There are many different strategies for making profits – but only proper risk management will allow you to keep those profits.
There are so many ways for identifying trading opportunities. But if you don’t properly manage your risk – then over a longer time, you’ll likely “give back” all your gains.
Why? Because no matter what strategy you use, taking some losses is inevitable. And without proper risk management, those losses can more than offset all your wins.
This is a valuable lesson worth repeating since the markets are still pulling back right now.
Those who weren’t diligent about cutting their losses these past few weeks have no doubt taken a bigger hit than they really had to. Meanwhile, those who quickly cut their losses could still be enjoying seeing their winners run.
Want to get your hands on a tested system that could deliver a high percentage of winning trades? Just click here – but don’t forget to manage your risk.
The Traders Agency Team
P.S. If you want special trade prospects and potential market moves from Ross sent directly to your phone – so you don’t miss out on anything – just text the word ross to 74121.
