Hey friend,
The market is still digesting Powell’s comments from Wednesday.
It’ll take a while for this process to fully happen. So in the meantime, let’s see how markets have been moving.
The Daily Direction
Note: Indexes closed higher yesterday the day after “Fed Day”. The short-term direction of the Russell 2000 flipped back upwards.
The Daily Nugget
Timing in trading is knowing when the time is right for your strategy.
When most people think of timing in trading, they think of the cliche “buy low, sell high”.
That’s an idealized version of timing that can never be consistently achieved. It’s mainly luck.
The more realistic version is to know when the time is right for your strategy. That’s mainly skill.
When the timing isn’t ideal, be cautious.
But when the timing is right, go hard.
The skill comes from knowing which is which.
Right now, the time is right for any strategy that is explicitly designed for pullbacks – such as Ross Givens’ FIRE Trader strategy…
A strategy designed to target stocks that have pulled back – but have a strong likelihood of launching themselves much much higher.
That’s why he went live earlier this morning to give a masterclass on this strategy…
And why those who attended are likely positioning themselves in these stocks now.
So, if you missed this morning’s masterclass…
Make sure you click here to watch the limited-time replay now…
Or click here to book a call with one of our Education Specialists to find out how to start implementing this strategy for yourself.
But do it quickly – before the opportunity window slams shut.
The Traders Agency Team
