Trade Aptitude

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

The World Index: (+100/-100) soars from -100 to -7 with mixed world sentiment on stabler volatility. Tokyo +10%. 

Catalysts: Trade Balance @ 8:30. Dip buyers testing the water. 

Quick Tip: See the Big Picture

Traders can often get caught up in the day-to-day fluctuations of the market, much like people who live their lives without pausing to reflect. 

In Larry Wilson’s book, Play to Win: Choosing Growth Over Fear in Work and Life, he emphasizes the importance of stepping back and seeing the bigger picture to make better-informed decisions. 

For day traders, this means taking a break from the extreme volatility yesterday and understanding the cause(s). 

Wilson also teaches us about the two life 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. 

Our team day-trades multiple strategies with edge in a live online environment. No one trades all the strategies, but they have a working knowledge of each and choose which fits their personality. Join our team, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away! Learn more here.

Trade Fearlessly,

Mike Siewruk

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