Today’s Best S&P Futures Turning Points: : Buy 5300.00 stop 5295.50. Short 5338.75 stop 5342.00.
Thursday’s results: Buying 5327.75 held for 4 bounces offering up to 8.25 points. Scalpers heaven.
The World Index: (+100/-100) drops from +14 to -7 with Asia Bullish and the western world mixed.
Catalysts: Fed Speakers: Kashkari & Waller @ 10:15, Daly @ 12:15.
Quick Tip: Brain Food
We’re living longer and healthier than prior generations. Attention to diet and exercise play a huge part. We know better what to feed our bodies and those that practice some discipline with diet and exercise reap the longevity benefit.
Your mind needs food, too. Not just the kind you eat, the kind you read, watch, and listen to.
You’re a trader so I’m sure you have plenty of trading resources for reference. Now broaden your mindset and challenge your beliefs with some books that while not about trading, I’ve personally found great advice and ideas applicable to trading within them.
Willpower by Baumeister
The Psychology of Money by Housel
Stolen Focus by Hari
Do One Thing Different by O’Hanlon
Before you start, invest 11 minutes watching this video: “How to Learn Anything Faster and Better.” It will make all the difference in your ability and discipline to study and retain knowledge.
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Trade Fearlessly,
Mike Siewruk
P.S. Feel free to pass this along to your trading buddies. Share in the wealth!
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