The Daily Market Forecast... attitude.

Thursday’s Blog Results: The suggested short level at 4726.75 was good for 6.75 potential points.

Today’s Trading Tip: Attitude is everything           

The late Mark Douglas wrote two excellent books on trading that you should read and reference. Trading in the Zone and The Disciplined Trader: Developing Winning Attitudes.

Why? Because “Trading is 80% psychological and 20% methodological.” Here’s a link a Mark Douglas video a dedicated trader on our team shared with us. This should get you motivated to paying more attention to this often neglected side of trading:  https://youtu.be/s8hg-1Rfs7c

Today’s Best S&P Futures Turning Points:

Short Level: Sell 4736.25 stop 4740.00 (3.75 risk).

Long Level: Buy 4700.00 stop 4695.25 (4.75 risk).

Happy Holidays and Trade Well,

Mike Siewruk

P.S. This blog is my daily gift to hundreds of traders who read it every day. I would LOVE to hear from you! Comments, criticisms, questions, lesson ideas… PLEASE share your feedback… [email protected].