# Dangerous Unknowns

Canonical: https://tradersdailydirection.com/dangerous-unknowns/

Hey friend,

Let’s see how markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/06/Screenshot-2023-06-05-at-9.03.49-AM-1-1024x233.png)

**Note:** Expectations for cooling inflation and the start of the second-quarter earnings season lead to an upward close yesterday – sending all index directions back into the green.

## The Daily Nugget

**_It’s the things we don’t know we don’t know that are dangerous._**

Donald Rumsfield famously called this the “unknown unknowns” – the things we don’t even know we don’t know.

In trading, this could be things like surprise earnings announcements, mergers and acquisitions, new product launches.

All these can have a big impact on a stock’s price _(both positive and negative)_.

This means the more we can reduce these unknown unknowns, the more successful we’ll be as traders _(though you can never get rid of them entirely)_.

That’s why Ross Givens has perfected a strategy for eliminating many of these “unknown unknowns” – and converting them into profits.

It’s a strategy that’s been responsible for some of the biggest gains he’s ever delivered to his members…

[**And you can start using it for yourself here.**](https://webinar.tradersagency.com/insiders-effect/?tambid=17628)

_**The Traders Agency Team**_