Trade Aptitude

Plenty of time is spent waiting in trading. Waiting for a setup, waiting for an economic release, waiting for a profit target. Lots of waiting. 

Here’s how to make this “downtime” productive: Get proactive. Get in the habit of asking “What if…?” questions. Answer them. In doing so you’ll be making decisions in advance and be able to act on the spot. No wondering, guessing, procrastinating or flat-out missing the trade. You’ve committed with foresight. 

Here's a simple example using our intraday trend strategy: Price is slowly moving sideways. We’re waiting for a breakout in either direction to give us a “setup.” The entry comes a bit later, after a confirmation signal. 

Now is the time to anticipate and be proactive. What is our exit plan if it triggers long? Short? Is one or the other a higher probability trade given current conditions and chart features? Is there supporting evidence, confluence, from other trading strategies that might kill OR reinforce this signal?  

Get started anticipating with a checklist. Once you make it a habit you’ll experience improved results and better self-control.

Our trading teams focus on multiple strategies for day trading futures and high-probability candidates for swing trading options. You can learn either or both risk-free. Join us.

To your trading success,

Mike Siewruk

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