Mindful Trader Commentary For April 26, 2023


Hey Guys,


The market went down noticeably yesterday. The S&P 500 is around 4,080 right now. On top of that, there are a number of industries shooting in various directions due to the clump of earnings announcements taking place this week.


I had a mixed bag of results with my trades that overlapped earnings. There were some nice winners in there, like MSFT and BSX. There were losers, too, such as TMO and ETR.


Overall my account is down right now, but I'm staying calm and patient. There is ebb and flow when it comes to trading and the stock market, and instead of getting riled up and upset about it, I'd rather calmly give it the space to do its thing knowing that I'm in lock step with the back-tested trading approach. It's not always easy! But if you like the idea of staying composed as a trader, even when your account balance goes down, then you can set the intention to be that way and practice it.


I picked up a load of new positions today. In the main account, I bought stock for C and FIS. In the options account, I bought positions for XLV and C. In the double down account, I bought stock positions for BAH and VRTX.


If you have any questions or feedback, I'd love to hear from you.


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