Trade Aptitude

Today’s Best S&P Futures Turning Points: Nothing tradeable today.  

Friday’s results: This strategy is on hold... but is improving and likely out of the drawdown soon.

The World Index: (+100/-100) reverses from -36 to +36 with most major world markets Bullish. 

Catalysts: Nothing on the economic front. Election views differ but the market is melting up nicely. Earnings season continues. 

Quick Tip: Open Your Mind

Imagine you’re attending a trading conference. You’re one of hundreds of traders watching the presentations, talking to vendors at their booths, looking for some new edge to add to your plan. 

If you asked everyone you met, “What tools do you use to trade?” Here’s what you’d hear: Price action, chart patterns, fundamentals, supply/demand, moving averages, volume, RSI, MACD, CCI, ATR, Stochastics, Bollinger bands, etc. 

The fact is, other than fundamentals, they are all looking at the same core variables; price, time, and volume, simply displayed differently. 

You’d likely hear discussions among them about why their tools are better. And everyone would be right! Their tools are better… for them. 

We’re all different in the way we perceive and learn. One tool may not “communicate” to you, yet another may be crystal clear. 

If you’re new to trading or struggling with your results, your best time investment is to experiment with many different methods and views in simulated trading. Find the one that resonates with you. 

We’ve uncovered a couple of trading tools that are far less common than the technical indicators you’re familiar with. And remarkably they are both proven leading indicators of price. They are the best tools I've found in 25 years of trading to build your Hot List with.

Get instant access to a recording of my last training session here: Stock/Options swing traders.

Trade Fearlessly,

Mike Siewruk

P.S.  Feel free to pass this along to your trading buddies. Share in the wealth!

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