Mindful Trader Commentary For January 2, 2025


Hey Guys,


We're back in action after the holiday. And the market is still showing signs of volatility and wiggling all over the place. The S&P 500 is down overall compared to last week and has been making 30+ point runs in both directions over the last few trading days.


My stock position for TCOM bit the dust this morning. It hadn't been happy since I entered the trade late last week, but then it gapped down overnight and hit the stop loss.


I took on some new trades today. In the stocks account, I bought shares of GOOG. I also purchased shares of AAPL midday on New Year's Eve.


In the options account, I bought options for AAPL and GOOGL this morning. Those are some nice big name companies to buy options for. I had also purchased AAPL options on New Year's Eve as well, but you can notice that they were for a different strike price. The ones I bought today were based on my double down trading strategy.


I have a few options 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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