Hey Guys,
The market is up a bit this morning. Yesterday it looked like it might make a run at going into "official" bear market territory (below 3850-ish on the S&P 500), but it never got there and instead reversed course and went back up. It's up near 3940 at the time I'm writing this.
It's been a quiet day on the trading front. I haven't entered any new positions today, and no positions have closed either. Some days are just like that. I don't make trades just to keep myself busy. I stick carefully to the back-tested trading strategy, and I only make trades when back tests suggests the odds might be in my favor. If that means having some quiet trading days along the way, then that's what I'll live with (although it isn't always easy).
That CPB trade has been an interesting journey so far. It was down pretty big to start and almost seemed doomed for a loss, but it has rebounded nicely and is in profit territory now. Let's see if it can hold its ground until the position reaches its time limit tomorrow.
If you have any questions or feedback, I'd love to hear from you.