Mindful Trader Commentary For December 14, 2023

Wow Guys,

The market responded very favorably to the Fed announcement yesterday, and as a result, a tidal wave of profits flushed through our accounts.

Here are some of the highlights:

• Since my email yesterday, 17 of my open positions hit their profit target across all accounts.


• This morning, every single stock position in my main account gapped up past its profit target for an oversized profit.


• All but one position in my portfolio that had been red at the start of the day yesterday turned green.


• For the week, my win-loss record on closed positions is 29-2 across all accounts.

I started this week with accounts that were stacked full of positions, and the cupboards got cleaned out with profits. I have almost no open positions left. It couldn't be drawn up any better than that.

I did take on one new position today. I bought stock for SAP in the main account.

I have a few option positions that reached their time limits today. I'll be manually closing those near the end of the trading session today unless they reach their profit targets first.

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

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