Mindful Trader Commentary For August 15, 2023


Hey Guys,


The market is technically a bit higher than it was when I emailed yesterday, but it feels like it's down. It went up nicely to end the day yesterday, but then gave up all those gains overnight.


I picked up some new positions today. In the main account, I bought stock positions for CINF and BXP. In the options account, I bought options for PG and MET.


I had a couple positions reach their time limits today, so I manually closed those (ELS and CVNA). Both came in with partial losses.


As far as my existing positions, they're a mixed bag. On the one hand, some positions, like WSM, have been dropping. On the other, RH bounced back nicely yesterday after being near the stop loss. Until the trade reaches the finish line, you can never be sure what its final profitability will be.


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


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