Trade Aptitude
Results of Thursday’s Best S&P Futures Turning Points: Neither suggested volume level triggered.
Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets):
Buy 4059.25 stop 4055. Short 4141.50 stop 4146.25.
The World Sentiment Index: (+100/-100) jumps from -7 to +36 with most major world markets mildly Bullish.
Catalysts: Non-Farm Payrolls @ 8:30. AAPL comes through, risk-on mood today.
Quick Tip: Three Q’s
The best formulas for success are simple.
“The starting point of all achievement is desire.” Napoleon Hill
“You do not rise to the level of your goals; you fall to the level of your systems.” James Clear
“To begin with the end in mind means to start with a clear understanding of your destination.” Stephen Covey
My favorite which applies to every trade comes from Keith Cunningham, author of The Road Less Stupid:
1 – What is the upside? (Greed)
2 – What is the downside? (Fear)
3 – Can I live with the downside? (Unemotional)
This ritual can be accomplished instantly with a little practice. Once you’ve asked these questions to yourself enough, they’ll move from your conscious mind to your subconscious where you won’t have to think about them at all. You’ll automatically assess each trade opportunity and know the correct decision. Unemotionally.
There are dozens more simple formulas your subconscious is lusting for. Here's a gift: Dr. Woody's self-paced online course, Secrets of the Peak Performance Trader, regularly $495, is available this week only at HALF PRICE. Click here for details. Use coupon code DRWOODY.
Here's what recent graduates had to say:
Helena: "Blown away... love the formula as a base for what to review and think about this week so I can improve my performance."
Marie: "We focus too much on the technical aspect of trading and not enough on the mental process, so I really enjoy this session"
Tonya: "Starting this course gives me hope that I can improve upon my trading and hold myself accountable to my rules and a more controlled approach."
Magdalena: "Yes, I can" succeed at the most difficult business in the world - it was great!"
Jennifer: "Loved it. Good review of psychological concepts, very inspiring and something I needed."
Steve: "I enjoyed it. Takes me back on how dominant thought plays a major role."
Trade Fearlessly,
Mike Siewruk
P.S. Enroll today. Offer expires Sunday night. 30-day money-back, no questions asked satisfaction guarantee. Click here for details. Use coupon code DRWOODY.