Hi Guys,
The market is up a bit from where it closed yesterday, which means it's continuing its rebound from last week's drop. The S&P 500 is around 5,570 right now.
If that rebound can continue, or if the market can even hold its gains, that might bode well for me. A number of my positions are green right now. But a trade isn't over until its over, so we need to see trades reach the finish line before savoring any victories.
I took on some new positions today. I bought stock positions for Apple and Intel in the main account. I bought options for Apple in the options account. And I bought options for EOG in the double down account.
At this point, I have a almost a full load of positions in all three accounts. That's a lot of risk exposure on the table. The rest of this week could have a big impact on my portfolio value, for better or worse. I'm comfortable with the risk and will stick to the plan like always, but keep in mind that you can always dial down your position sizes or bypass trades if you want to mitigate your risk.
If you have any questions or feedback, I'd love to hear from you.