# An Expensive Lesson for Many Traders

Canonical: https://tradersdailydirection.com/an-expensive-lesson-for-many-traders/

Hey friend,

We got the monthly durable goods orders this morning – which showed a 6.3% decline (compared to a 7.6% increase in the previous month).

Still, this decline was actually a bit lower than expected.

We also got the latest US consumer confidence numbers… which showed a major jump (the biggest in four years) thanks to the tariff pause.

Let’s see how the markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2025/05/Screenshot-2025-05-27-at-11.21.57 AM-1024x252.png)

**Note:** Indexes closed lower last Friday for a negative week in the markets. But they rebounded strongly today at the open.

## The Daily Nugget

**_Know the difference between hesitation and prudence._**

There are many “fine lines” in trading.

The boundary between hesitation and prudence is one such example…

And it’s particularly important right now.

The market pulled back last week – just as Head Trader Ross Givens predicted would happen…

And today, the signs point toward the powerful rally resuming.

Staying out of the market right now is not prudence – it’s hesitation…

And it will likely cost you a lot of opportunities.

So don’t hesitate…

Make sure you join Ross [**tomorrow afternoon at 3 p.m. Eastern…**](https://secure.tradersagency.com/firetrader/?tambid=29764&id=TA29933)

Because he’s going LIVE for a strategy session on how exactly to best position yourself to ride the rally’s “second wave”.

So [**click here to register for Ross’ live session tomorrow…**](https://secure.tradersagency.com/firetrader/?tambid=29764&id=TA29933)

And he’ll see you Wednesday afternoon at 3 p.m. ET.

Don’t let hesitation cost you even more.

![](https://tradersdailydirection.com/wp-content/uploads/2023/11/TASignature-300x75.png)

**_The Traders Agency Team_**