Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Shorting 4492.50 stopped out. 

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

Buy 4475.25 stop 4471.00. Short 4543.75 stop 4548.25.

The World Sentiment Index: (+100/-100) plummets from +64 to Zero in a world of mixed low-volatility sentiment. 

Catalysts: ADP Payrolls @ 8:15. GDP & Trade Balance @ 8:30. Pending Home Sales @ 10:00. Crude Oil Inventories @ 10:30. 

Quick Tip: How You Doing? 

We all have financial goals we’re working toward. The retirement “number” which eliminates our dependence on a shaky social security system. The short-term trading cash flow profits that pay for the fun stuff. 

When you progress toward these goals you’ll notice that it’s not a smooth result. You’ll have ups and downs. The downs are your signal to investigate why and find a potential solution. Failing to reach a goal is nothing more than a learning experience. 

In his fantastic book Atomic Habits, James Clear said “You do not rise to the level of your goals. You fall to the level of your systems.” 

See, in his book he teaches a systematic way to achieve goals. Just putting them out there guarantees nothing. In trading, our system is our trading plan. If you're not moving toward your goals, using Clear’s advice, you should be analyzing our trade plan. 

Markets change character. Strategies move through drawdowns. Take the time to investigate your plan and determine potential fixes along the way. Otherwise, rigidly following what isn’t working will move you further from your goals.  

Our team day-trades multiple strategies which we analyze on a weekly basis to know quickly when to adjust.  Join our team, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away!

Trade Fearlessly,

Mike Siewruk