Hey friend,
There are real signs the government shutdown may end very soon.
If that happens, expect a deluge of previously-delayed economic data shortly after – data that could move markets.
The Daily Direction
Note: Indexes rebounded yesterday, sending most directions back into the green.
The Daily Nugget
Don’t confuse predictions for strategy.
So many traders – especially those just getting into the game – make this mistake.
They think an expert trader buying a stock is the trader predicting the stock will go up.
There’s a subtle – yet important – difference here.
Expert traders follow strategy…
And strategy is a process – not a prediction.
Buying a stock according to a proven strategy is an intelligent probabilistic bet. It’s a decision made according to a predetermined process.
Predicting a stock will go up – and then buying it – is more often than not just wishful thinking.
From the outside, both can appear the same.
But if you want to truly advance as a trader, you need to understand this subtle difference.
If you don’t truly grasp this difference yet – that’s perfectly fine.
We all have to start somewhere.
But keep following people like Head Trader Ross Givens…
And sooner than you think, you’ll understand the difference between strategy and predictions.
The Traders Agency Team
