Trade Aptitude

Today’s Best S&P Futures Turning Points: This strategy remains on hold.

The World Index: (+100/-100) remains at +36 with most world markets Bullish.

Catalysts: Nothing on the economic calendar today. Big tech earnings & FOMC later in the week promise action.  

Quick Tip: Market Diversification

Market conditions constantly change. Hopefully you’ve perfected a few different strategies that align with the different Market States (trend and volatility).

One of the most effective ways to improve your performance is to trade a diverse range of markets. Include as many as are affordable in your portfolio given your account size. You certainly won’t trade every signal so make your first pre-trade decision in your plan “Market Selection.” 

Here’s an example: Our day trading room currently focuses on the S&P, oil & gold futures markets. We have strategies for each of the market states. At any given time, the individual markets will be trading in or out of sync with the strategies. Last week, gold & the S&P hit new equity highs. Oil lagged. 

Your Market Selection filter could also look at current volatility, trend, and margin requirements. Take the time to update your trade plan with diversification in mind.

Not comfortable with your strategy yet? Our Swing Trading team uses unusual options trades and Insider buys for candidate selection. These are setups with considerable evidence from thousands of trades. We use a tool that makes this incredibly easy. Watch the demo here. No disappointments!

Trade Fearlessly,

Mike Siewruk

P.S.  Feel free to pass this along to your trading buddies. Share in the wealth!