Mindful Trader Commentary For May 31, 2022


Hey Guys,


The market had a big "up" day on Friday, but it's given up a lot of those gains this morning. The S&P 500 is around the 4100 price level as of the time I'm writing this.


I picked up a new position this morning: MRK. I bought shares of stock for it in the main account and I bought options for it in the extra options account. It came right off the watch list. That one has been on the watch list for like a week and it finally triggered.


The watch list should be getting bigger in the coming days. The pipeline for stocks that meet our trading strategy criteria is growing.


I closed my WDC stock position this morning since it reached its time limit. That one locked in almost a full profit. The second video on this page shows how I close stock positions that reach their time limits.


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


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