Trade Aptitude

Results of Monday’s Best S&P Futures Turning Points: Shorting 4378.50 filled in the Globex last night and is still open with 9.25 points favorable so far. 

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

Buy 4338.75 stop 4333.00. Short 4402.25 stop 4408.00.

The World Index: (+100/-100) soars from -21 to +64 with most major world markets firmly Bullish.

Catalysts: Fed speakers (leaning Dovish now) @ 13:00 & 15:00. Treasury yields ease. 

Quick Tip: More Trading Athletics 

Everyone wants a one-play touchdown. Anything less is just progress. But that persistent progress gets you to the touchdown more often than the rare single play score. 

The same concept applies to trading. You have financial goals. Occasionally you reach them quickly and the adrenaline of quick success is intoxicating. More often you’re chipping away at your progress. Modest wins, smaller losses. Grinding it out. 

The fact is that if you didn’t persevere through the wins and losses the thrill of achieving your goals wouldn’t be nearly as enjoyable. 

Reframe your thinking about your trading results. Progress is not only reality, it’s the fuel that gets you to the goal. Revel in it!

Are you stressed from trading alone? Join our team. You can learn multiple strategies and trade live with us daily for 30 days. Money back if you’re not blown away!

Trade Fearlessly,

Mike Siewruk

P.S. Feel free to share this newsletter with your trading buddies.