Trade Aptitude

Results of Wednesday’s Best S&P Futures Turning Points: Shorting 4504.50 was cancelled during CPI data release. 

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

Buy 4485.75 stop 4482.00. Short 4550.25 stop 4555.75.

The World Sentiment Index: (+100/-100) rises from +36 to +71 with all major world markets firmly Bullish. 

Catalysts: PPI & Jobless Claims @ 8:30.   

Quick Tip: Achieving Success 

Success at trading, at anything, is formulaic. No one stays successful at anything without a proven formula to follow. What’s yours? 

You may think it’s your trade plan. You may think you need the hottest strategies, the best broker, more risk capital, and better sources of information. All that surely helps but the foundation for your success starts within you. 

It’s your belief. 

Do you honestly believe you can become a top-notch trader? Or are you thinking of giving it a try? Trying isn’t enough to overcome the challenges of anything worthwhile. It’s a negative belief. Knowing you’ll succeed is a positive belief. 

The glass-half empty trader will think, “I’ll give trading a try.” The glass-half full trader visualizes their success every day. Regardless of their daily result. You will have losing trades, streaks, and drawdowns. Accept it. But don’t let it change your basic belief that you know you’ll prevail. 

Once you’ve trained your mind to think this way you’ll need a plan for self-development. Believing is just the foundation. Your plan requires what to do, how to do it, and monitoring your results. 

A great way to start this plan is by observing other traders, both winners and losers. What makes them different? Emulate the winners, do the opposite of the losers. 

If you’re trading in isolation you’ll need to meet the winning traders somehow. One way would be to read about them. Listen to podcasts. Buy books. Journal their advice. Visualize your success from theirs. 

A better and faster way is to trade with them. 

Our team trades multiple strategies with edge using our proprietary Get PAID! methodology. We act as a team sharing best practices. You can join, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away! Click here for details. 

Trade Fearlessly,

Mike Siewruk