Mindful Trader Commentary For February 3, 2023


Hey Guys,


The market came down from where it ended yesterday, but it's still at lofty levels. The S&P 500 is around 4,160 right now.


I picked up a few new positions this morning. In the main account, I bought stock for O and WPC. In the double down account, I bought options for GLD.


Notice for those GLD options that there is no stoploss. So for that one, I just set a simple sell limit order at the profit target price.


I closed a couple positions that reached their time limits: AU (the one from the main account) and DD. One was profitable and one was not. And yesterday when I closed the options positions that reached their time limits, one was profitable and the other wasn't.


So it's been a mixed bag for me the last couple days as far as closed trades, and the same could be said about my current open positions. The ending of this week cooled off after a really hot start.


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


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