Mindful Trader Commentary For April 30, 2021


Hey Guys,


A lot going on this morning, just as often happens on Friday mornings. Options expire on Fridays, so that's typically the busiest morning of the week for me.


I was able to lock in a profit on that ED option, which was nice after it was in the hole most of the week. And I made a tidy profit on the DG option. I also closed my TGT stock position for a profit today (it hit the "close by" date).


I picked up a stock position on DOCU and an options position on AAPL. I still have limited buying power, so there are only certain stocks I could buy at this point. NVDA is one of them, and it's in the vicinity of triggering an entry today. If it hits 604.36 today, I'm getting in (as indicated on my Watch List).


I'm so sorry about the website outage this morning! It only lasted 5-10 minutes, but it happened right when the market opened (the worst possible time). And of course the one stock I bought, DOCU, shot up in price right after I bought it, so that made the website outage sting even more. The prior two days each stock I bought shot down in price after I bought it, so a website outage would have been well-timed on those days! I have been working with the webmaster of the site to come up with preventative solutions to ensure optimal site uptime. We'll check the logs for the server and see how we can use that information to improve.


Also, for those following my futures trades, you'll see I have both a short and a long position at the same time. That happens occasionally, and it came up at some point earlier this month. I have 16 different trading strategies for the MES futures, and sometimes different ones fire at the same time. If you need help understanding how to run both trades at the same time, you can check out this video.


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