Mindful Trader Commentary For May 13, 2022


Hey Guys,


This morning the S&P 500 is trying to make it back up to the 4000 price level. It's at around 3980 right now, which reflects a nice move up from where it had been hanging out yesterday.


And that move seems to have helped a lot of my positions. Every single open position I have right now is showing a profit at the time I'm writing this. It's certainly nice to see profits at a time when the market overall is weak.


That said, this market is volatile and moving all over the place. We don't know where it's going next, so I personally am not counting my chickens before they're hatched. I can appreciate the unrealized profit for now, but I know these trades are still open and nothing is locked in for them yet.


There haven't been any new trades yet today, and at this moment none seem particularly close to triggering.


I also didn't close any trades today. Next week, though, some of these positions will reach their time limits.


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


Sign Up for Trade Alerts