Hey friend,
We got some consumer sentiment data this morning.
Surprisingly, it came in slightly ahead of expectations – although below last month’s figures.
Let’s see how the markets have been moving.
The Daily Direction
Note: Indexes closed marginally lower yesterday but have been more mixed today. However, no change in any index directions.
The Daily Nugget
A quiet week can still be a good week.
Some weeks, the best thing you can do is almost nothing.
Maybe you only took one or two trades.
Maybe you passed on five setups that looked close but never quite got there.
Maybe you spent more time watching than trading.
That can feel unproductive.
Especially when you see other people posting wins or talking about everything they bought.
But trading isn’t a contest to see who can stay busiest.
If nothing met your standards, staying out was the decision.
And if you avoided three mediocre trades that would’ve lost money, that doesn’t show up as a gain in your account.
It still helped your results.
So when you review the week, don’t just count how many trades you made.
Ask how many bad ones you avoided.
Sometimes a quiet week means your filter was working exactly the way it should.
The Traders Agency Team
P.S. Don’t forget that every Monday at 9 a.m. Eastern, Head Trader Ross Givens goes LIVE on his YouTube channel to break down the markets in real time and highlight overlooked opportunities.
It’s completely free so make sure you don’t miss the next one.
Use this link to join next Monday at 9 a.m. ET.
Have a good weekend.
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