Results of Monday’s Best S&P Futures Turning Points: Neither volume level triggered.
Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets):
Buy 4096.75 stop 4092.00. Short 4186.75 stop 4190.50.
The World Sentiment Index: (+100/-100) PLUMMETS from +50 to -36 with most major world markets Bearish.
Catalysts: Nothing important on the economic calendar. Waiting on CPI tomorrow.
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 easy to persist when you do.
Clear offers a few questions to ask yourself so you can “pick the right one (habit)” for your personality:
“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 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.
Our team day-trades multiple strategies with edge. None of the team trades them all, just the ones they find fun, interesting, and profitable. Join the team, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away!
Trade Fearlessly,
Mike Siewruk
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