Mindful Trader Commentary For July 18, 2024


Hey Guys,


The tech sector continued its descent yesterday, which affected the market. There was a small rebound this morning, but things are still down overall.


I've had a mixed bag of results since my last email. My AT&T stock position reached its profit target, but my EW stock position hit its stop loss. This morning, I manually closed my NET stock position since it reached its time limit, and that one had a partial profit.


Today a handful of my option positions reached their time limits, which means I'll be closing those near the end of the trading session today unless they reach their profit targets first. Unless there is a massive rebound before the end of the day, I'll likely have losing trades with those positions. As always, though, until the trade is over, it's not over.


I picked up a couple new positions today. I bought stocks for ALNY and ADSK in the main account.


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


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