Mindful Trader Commentary For January 14, 2025


Hey Guys,


First the AVGO update: on that most recent position I took (the one I initiated yesterday), I put the wrong profit target. It should have been 229.03. And it actually just hit the profit target this morning, so I am now out of the position. Sorry for the confusion and thanks for your patience!


The market as a whole is exhibiting a nice rebound at the moment. The S&P 500 is up about 50 points from where it was when I sent my morning email yesterday. It's still certainly in a state of volatility, though, so it could make sudden moves in either direction.


There haven't been any new trades taken yet today. I have buy limit orders set up for the tickers on the watch list, but none have been filled yet. The watch list is pretty thin right now, which happens at times. As always, I just go with the flow and stick to the plan, so I accept that some periods will have light trading.


I only have two open positions right now. Both are stock positions. So I'm not heavily exposed to risk right now.


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


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