# Conviction and Flexibility (Why You Must Have Both)

Canonical: https://tradersdailydirection.com/conviction-and-flexibility-why-you-must-have-both/

Hey friend, Time to see how the markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/08/Screenshot-2023-08-10-at-8.59.45-AM-1024x235.png)

**Note:** Indexes closed higher yesterday with tech stocks mounting a surprising comeback. No change in any directions, however.

## The Daily Nugget

**_Successful traders have both conviction and flexibility._** Successful traders have _conviction_ in their strategies, but they also know when to be _flexible_ with them. At first glance, this may seem like a paradox. But it’s possible to do both. Look at how Ross Givens is handling the current pullback – a pullback that may signal a rotation in market leadership from tech/AI stocks to other sectors. He has 100% conviction in his breakout strategies, which have absolutely crushed the market this year. But because the market is in more of a “wait and see” mode right now, he’s being flexible and pivoting to his “insider” strategy, which is better suited to the current market condition. And _right now_, Ross is going LIVE to showcase this strategy in person… So [**click here to join him in the live room now…**](https://clktrac.com/JoinRoss) And he’ll see you inside _**The Traders Agency Team**_