Trade Aptitude

Results of Friday’s Best S&P Futures Turning Points: Neither trade triggered. 

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

Buy 4870.50 stop 4866.25. Short 4867.00 stop 4871.25 if price falls below and retraces back. 

The World Index: (+100/-100) eases from +21 to +7 with China/HK dragging down an otherwise moderately Bullish world. 

Catalysts: Nothing important on the economic calendar. Presidential race gets narrower.

Quick Tip: Mindset

You probably noticed that the Turning Points shared here frequently don’t trigger. Sometimes a few days can go by without a trade. 

You may be thinking, “This is not enough action for me.” 

On the contrary, this strategy provides far more setups than are freely shared, we’re just trying to get acquainted! Add in the reversal and momentum strategies and there are dozens of opportunities every trading day in our live futures trading room. 

Now you may be thinking “That is too much action for me.” 

It’s all about your mindset. If you approach abundance with greed and obligation to trade you’ll likely suffer. You’ll over-trade and under-analyze. Your results will be marginal at best. 

If you approach abundance with a selective mindset you’ll benefit big time. You’ll get pickier about your trades. You’ll lose FOMO. Your impulsivity will drop. All because you aren’t worried about a great trade coming your way. You know they’re coming.

Tired of trading alone? Our team day-trades multiple strategies with edge in a live online environment. Join us, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away!

Trade Fearlessly,

Mike Siewruk

P.S. Forward this blog to your trading buddies. Share in the wealth!