Trade Aptitude

Results of Wednesday’s Best S&P Futures Turning Points: Neither trade triggered.

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

Buy 4885.00 stop 4881.50. Short 4867.00 stop 4871.25 if price falls below and retraces back. 

The World Index: (+100/-100) dumps from +50 to +13 with Asia Bullish and the west relatively flat. 

Catalysts: GDP, Jobless Claims, Durable Goods, Import/Export Balance @ 8:30. New Home Sales @ 10:00. Earnings season continues. 

Quick Tip: Ready to Retire?

You’ve probably heard or read the best ways to have a long and fulfilling retirement: Exercise regularly, sleep more, eat healthy, drink moderately, stop smoking, and minimize stress. 

Here’s one thing you might not have heard about: Connect with people who have the same purpose. It turns out that loneliness is a killer. 

Living in Florida I’m frequently asked when out socially if I’m retired. I’m not and never will be, in the classic sense. Why? To keep my mind sharp. Learning and reading are great, but nothing beats interaction with people and being challenged. 

Day trading futures, which is what this blog is usually about, is a fabulous retirement “job.” Day trading skills require cognitive demands such as reading, research, decision making, emotional control, and patience.

The good news: Studies have shown that individuals who engage in complex daily cognitive activities have a lower risk of developing dementia and Alzheimer's disease.

The other big benefit is freedom. Specifically, freedom of time, location, and finances. What more could you want in retirement?

Tired of trading alone? Our team day-trades multiple strategies with edge in a live online environment. Join us, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away!

Trade Fearlessly,

Mike Siewruk

P.S. Forward this blog to your trading buddies. Share in the wealth!