Plus, the secret to overcoming a lack of confidence...                                                                                                                                                                      02/03/2023 Itâs Friday Q&A time! Hey, Happy Friday, Evolvers! The market has been surging following the Fedâs 25 basis point interest rate hike and Chairman Jerome Powellâs speech on Wednesday. The S&P 500 ETF Trust (NYSEARCA: SPY) strung together back-to-back 1.5%+ days on Wednesday and Thursday, leaving the index up 3.5% for the week (at the time of writing). Funny, because I sure did notice a lot of social media retail traders talking up their short positions earlier in the week⦠In hindsight, this phenomenon reminds me of three important lessons to remember: NEVER trust alerts coming from nameless, faceless promoters on message boards. They act like clairvoyant geniuses until theyâre dead wrong and rarely take responsibility for their misguidance. Even if you believed the market was heading lower at the beginning of the week, you couldâve (and shouldâve) seen the bullish signals and switched your game plan up once the overall uptrend came into clear view. Placing options bets before the Fed meeting wouldâve been a bad strategy with a 50% chance of success, whereas riding the trend following Powellâs speech was a relatively textbook bullish setup. But for now, itâs time for our Friday Q&A! Sit back, relax, and Iâll answer your trading questions! [>>Click Here To Read The Friday Q&A<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily P.S. If you struggled to keep up with all the news this week, look no further! [Click here NOW to get a 14-day FREE trial of StocksToTrade Breaking News Chat!]( sponsored [Want Daily Trade Ideas From Millionaire Traders?]( Whether youâre a rookie in the markets or a seasoned trader â these strategy sessions are perfect for ANY trader who wants to gain a MASSIVE edge in todayâs uncertain market⦠And take advantage of the obscure âprofit windowsâ Tim Sykes has been targeting! Donât miss out on the next session! [>> Click here to sign up for daily alerts and start maximizing your profits with the Millionaire Traderâs Formula <<]( sponsored [Why canât veteran trader Tim Bohen stop laughing?]( He says heâs just identified the ultimate revenge trade⦠And canât wait to hear from the haters. Last year, people who doubted him missed out on the opportunity to make EIGHT TIMES their money. [Click here to see why heâs having the last laugh.]( [Alternate text] 66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here To Unsubscribe]( All content in this newsletter is intended for educational and informational purposes only. The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.