Trade Aptitude

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

Thursday’s results: This strategy is on hold. 

The World Index: (+100/-100) plummets from +43 to -36 with all major world markets flat or Bearish. 

Catalysts: Non-Farm Payrolls/Unemployment Rate @ 8:30. Fed’s Cook @ 12:00. 

Quick Tip: Great Job! 

Your focus when trading should be on doing the job well. That doesn’t necessarily mean winning. You can do your job well and lose. Why? Because we have no control over the outcome, only our behavior and discipline to follow our rules. 

Here are your main “job” components as a trader: Research, practice, preparation, execution, and review. 

There are plenty of analogies that compare traders with athletes, musicians, artists, and the military. These are all considered performance activities. So is trading. Think about how much time and effort the successful of those professions put into these same “job” components.

I’ve found the definitive work on this subject is in Dr. Brett Steenbarger’s book Enhancing Trader Performance. In fact, his publisher could have named it the Trader’s Bible, but there are too many similar titles out there. Read it, act on it, and watch your trading change for the better.

Tired of trading alone? Join our team. You can learn the strategies and trade live with us daily for 30 days. Money back if you’re not blown away! Take advantage of the final days of this promotional price.   

Trade Fearlessly,

Mike Siewruk

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