Trade Aptitude

Results of Friday’s Best S&P Futures Turning Points: Shorting 4192.50 stopped out. Buying the breakout worked for 20 points at the close. 

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

Buy 4210.00 stop 4204.50. Short 4271.75 stop 4277.50. 

The World Sentiment Index: (+100/-100) drops from +42 to +21 in a world of mixed sentiment and low volatility. 

Catalysts: Home Price Index @ 9:00. Consumer Confidence @ 10:00. Debt Ceiling progress. Tech rally continues. 

Quick Tip: Equity Curves

Are you plotting your strategy’s equity curve? If not, get started. It’s a modest amount of record keeping, and it will give you confidence and warn you to drawdowns and restarts. 

It’s important that the equity curve represents all trades your strategy teed up, not just the ones you took. Knowing the difference between your results (behavior) and what you should have done is critical to improving your results. 

Our team trades the S&P futures using 3 different strategies, gold and oil using one strategy. Of the 5 equity curves, 4 hit new 9-month equity highs last week. 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. Are you looking for the best Leading Indicator for your stock and options trading? Click here and watch the recording of InsidersEdge. No disappointments.