# The Difference Between the Pros and Amateurs

Canonical: https://tradersdailydirection.com/the-difference-between-the-pros-and-amateurs/

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

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/09/Screenshot-2023-09-06-at-9.04.02-AM-1024x236.png)

**Note:** Crude oil prices jumped yesterday after Saudi Arabia and Russia extended supply cuts. This weighed on markets, with all indexes closing lower. The short and medium-term directions of the Dow Jones and the Russell 2000 flipped downward.

## The Daily Nugget

**_The ability to stick to a strategy is what separates the pros from the amateurs._** Amateurs run into a few losing trades, lose faith, and quickly abandon their strategy in favor of the next shiny object. They never stick around long enough to build the foundations of long-term success – which is why most of them lose money trading. The pros, on the other hand, know how to stick with a strategy. They understand its edge, and they know losses are just part of the game. When they hit a losing streak, they tighten their stop losses and keep going. They may decide to change the strategy later on – but only after enough time has passed, or if market conditions have changed. But they know that sticking to a strategy is what allows them to build the foundation of a winning account. Remember, pros win – amateurs lose. If you want to win like a pro – act like one. And that starts with being able to stick with a strategy. _**The Traders Agency Team**_ **P.S.** If you don’t have a winning strategy in your pocket already – good news. Because as part of our extended Labor Day special, you can **[pick up Ross Givens’ flagship strategy for just 99 cents by clicking here](https://stealthmodeinvesting.com/holiday/?tambid=20774)**. Grab it before it’s too late.