Hey Guys,
The market has given us more proof of its resiliency. Over the last month, every time a news shockwave has hit the market, it has rebounded. There's been plenty of volatility, but also plenty of evidence of market strength.
My portfolio showed a lot of strength to end the week, too. Since my email yesterday, four stock positions and three option positions hit their profit targets. That was a fun ride!
And if there weren't good enough, my JD positions gapped up overnight for oversized gains. And I had two different positions for JD in each of my accounts (two stock positions and two option positions), so it was double the reward.
Final tally for the week:
Stocks Account: 10 wins, 5 losses, account grew 3.7%
Options Account: 6 wins, 1 loss, account grew 10.4%
It was a great week, and the challenge with trading is you never know when weeks like that are going to roll around. There is real risk involved. My objective is to stick to the plan to ensure I don't miss weeks like this.
I took on a couple new trades today. In the main account, I bought a stock position for TWLO. In the options account, I bought an option position for TWLO.
If you have any questions or feedback, I'd love to hear from you.