Mindful Trader Commentary For April 3, 2024


Hey Guys,


The market is in a similar spot as it was when I emailed yesterday. The S&P 500 is around 5,200 right now.


Yesterday the MOH stock position from the double down account hit its stop loss, just a couple hours after I entered the position. That trade turned into a dud in a hurry. You can never tell what is going to happen next with a trade. I was excited to take that trade on MOH, but it didn't work out this time.


I took on a few new trades today. In the options account, I bought options for Pepsi. In the double down account, I bought a stock position for LOW and an option position for LYFT .


I didn't take on any new positions in the main account yet today because my buying power is limited. I only have enough juice to buy a position where the Position Value is relatively light, and so far everything that has triggered today has been heavy.


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


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