The hype around SpaceX is real. But too many people get too black and white about it. And there’s a critical lesson to learn here.
There is a powerful trading edge that 99% of traders will never be able to achieve. And the kicker is – it has nothing to do with market knowledge.
The best leaders usually start showing strength before the market feels safe again. That is why waiting for confidence can be so expensive.
The easiest buys rarely offer the best edge. The best ones often show up when every part of you wants to hesitate.
As the saying goes – there are many ways to skin a cat. And the same applies to one of the most important aspects of trading.
Most traders don’t lose because they’re wrong about the move. They lose because they get shaken out right before it happens
Traders either act too soon or too late. In a rebound there’s a very fine line to walk. And today’s issue reveals clues on how to walk it.
Nothing much on the economic calendar today, just some manufacturing and industrial data. Basically manufacturing came in relatively flat, while industrial production showed a modest increase on higher factory and mining output.
Lots of things on the economic calendar this morning…
We got some major private sector employment numbers this morning. They showed the private sector adding 63,000 jobs for the month – significantly ahead of the expected 48,000.
We got some major private sector employment numbers this morning. They showed the private sector adding 63,000 jobs for the month – significantly ahead of the expected 48,000.
The only thing on the economic calendar this morning was the usual weekly jobless claims. They showed a marginal increase from last week, coming in slightly ahead of expectations. Nothing major there.
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