The Daily Market Forecast... Trade Plan Part 7

Tuesday’s Blog Results: The suggested short @ 4204.75 ran for 26.25 points.

Quick Tip: Trade Plan Part 7

You’ve made six trade plan decisions so far, time devotion, style, capital investment, asset class, strategy selection, and risk management. 

Here’s the icing on the cake. The magical component that most traders miss. The easy way to gain edge in any market, timeframe, or style. The insurance policy that you’ll always get better over time.

Documentation and review.

You should be building a database of information about every trade setup whether you took the trade or not. This trade plan component alone could fill a book. Better you learn it live. Join me on Saturday March 19 @ 10 AM ET for a free mini-course, “Ultimate Trade Plan.” We’ll dive deep into each of the 7 components and answer all your questions. Click here to register.

Today’s Best S&P Futures Turning Points:

Short Level: Sell 4356.75 stop 4362.50 (consider wider stop 4264.50, less size).

Long Level: Buy 4220.50 stop 4215.50 (consider wider stop 4214.50, less size).

Trade well,

Mike Siewruk

P.S. Tired of trading alone? Need more quality setups? Join our team of great traders and accelerate your performance. Copy down this coupon code WINTER2022 and save 100 per month for life on your membership. Click here for FREE video training and details.