Abundance Mindset by Trade Aptitude

Friday’s results: Neither trade idea triggered and they remain on the chart today.

Today’s Best S&P Futures Turning Points: Buy 6017.25 stop 6012.25. Short 6013.00 stop 6018.00 if price retraces up from below. 

The World Index: (+100/-100) jumps from -7 to +14 with most major world markets mildly Bullish on low volatility. 

Catalysts: S&P Global MFG PMI Final @ 9:45. ISM MFG PMI & Prices @ 10:00. Fed’s Waller @ 15:15 and Williams @ 16:30. 

Quick Tip: Abundance Mindset

You probably noticed that the Turning Points shared here frequently don’t trigger. Sometimes a few days can go by without a trade. 

You may be thinking, “This is not enough action for me.” 

On the contrary, this strategy provides far more setups than are freely shared, we’re just trying to get acquainted! Add in the reversal and momentum strategies and there are dozens of opportunities every day in our live futures trading room.

Now you may be thinking “That is too much action for me.” 

It’s all about your mindset. If you approach abundance with greed and obligation to trade you’ll likely suffer. You’ll over-trade and under-analyze. Your results will be marginal at best. 

If you approach abundance with a selective mindset you’ll benefit big time. You’ll get pickier about your trades. You’ll lose FOMO. Your impulsivity will drop. All because you aren’t worried about a great trade coming your way. You know they’re coming.

The same mindset applies to our options swing trading team. Our strategy provides more than enough trade candidates to be selective. 

Our trading teams focus on multiple strategies for day trading futures and high-probability candidates for swing trading options. Maybe you'll fit right in. You can try either or both risk-free.

Trade fearlessly,

Mike Siewruk