|
Today’s Best S&P Futures Turning Points: Buy 5185.25 stop 5181.75. Short 5249.50 stop 5253.50.
Wednesday’s results: Neither trade triggered.
The World Index: (+100/-100) improves from -14 to +14, mixed sentiment and low volatility.
Catalysts: Jobless Claims @ 8:30. 30-Year Bond Auction @ 13:00. Fed’s Daly @ 14:00.
Quick Tip: Is it fun?
In James Clear’s awesome book Atomic Habits, he reveals “The Truth About Talent.” While there is a genetic component to the answer, it’s not the only component.
Talent also comes from learning, training, and practice. But before you agree to dedicate yourself to all that work, you need to really like what you’re doing. It’s difficult to persist when you don’t like something. It’s easier to persist when you do.
Clear offers a few questions to ask yourself so you can “pick the right one (habit)” that pertain to trading perfectly:
“What feels like fun to me, but work to others?”
“What makes me lose track of time?”
“Where do I get greater returns (for my effort) than the average person?”
If you’re struggling with your trading results or just don’t “like the job” much, it’s a good time to ask yourself these questions. Trading should be fun, interesting, and profitable. With all the different methods of trading available, you certainly will find “your method” if you research and experiment enough.
Tired of day trading alone and guessing what to do next? Join our team. You can learn the strategies and trade live with us daily for 30 days. Money back if you’re not blown away! Take advantage of the final days of this promotional price.
Trade Fearlessly,
Mike Siewruk
P.S. Feel free to pass this along to your trading buddies. Share in the wealth!
|
