Hey Guys,
The market is down some from where it was when I sent my morning email yesterday. There is some evidence that it might have bottomed out earlier this week, but no robust rebound has taken shape just yet.
My FTNT stock position reached its profit target this morning. It's nice to see another win on the board after a rough start to the week in that account.
I took on a couple new trades today. Both were in the stocks account. I bought positions for PDD and IBM.
I had already taken an IBM stock position yesterday, and then today IBM qualified for my Double Down trading strategy, as reflected on the watch list this morning. Even though I bought more shares of a stock I already owned, I treat each trade totally separately. Each has its own exit rules (profit target, stop loss, and time limit), and therefore each trade is completely independent and not reliant on the other in any way.
I have a bunch of 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.