The Daily Market Forecast

Friday’s Results: The suggested short @ 3821.00 stopped out in the pre-market. 

Quick Tip: Play to Win 

All your results start with your orientation toward life. In Larry Wilson’s book, Play to Win: Choosing Growth Over Fear in Work and Life, he reveals the two orientations that you must choose between.

1. Play to win.

2. Playing not to lose. 

What’s the difference? 

People who have a positive attitude packed with a view of abundant opportunities that are willing to overcome challenges, grow and risk for gain are “Playing to Win.” 

Conversely, people who need to remain in their comfort zone, looking for the “easy way,” have a skeptical, negative attitude, and don’t see opportunities clearly are “Playing Not to Lose.” 

Successful traders Play to Win. One key component of their formula is the mindset of abundance. If you don’t have enough trade setups coming your way then you’ll fall into the typical Play Not to Lose mentality of scarcity and take trades you shouldn’t. Take the time to learn complementary strategies. 

Today’s Best S&P Turning Points (in fast moving markets consider a wider stop and less size): 

Sell 3943.00 stop 3947.25.

Buy 3860.00 stop 3854.25.

Trade Fearlessly,

Mike Siewruk 

P.S. Does your strategy perform better than you? Here’s your solution.