Hey Guys,
The market is down a bit from where it was yesterday, but still no signs of losing meaningful ground after rebounding from the April slump. The S&P 500 is around 5,175 right now.
I took my first trade of the week yesterday. I bought a stock position for GPC in the main account. It's funny how I'm often buying multiple positions per day, and at those times, each trade feels standard and doesn't create any noticeable emotional charge for me. But after having had so little trading activity recently, buying just this one stock position gave me some excitement.
My stock position for WPM hit its time limit this morning, so I manually closed the position. It locked in a partial profit.
When stock positions reach their time limits like that, what I do is set up a market sell order before the market opens. Those only get executed during normal market hours, so it effectively communicates to my broker that I want the position sold at the opening bell using a market order. The idea is that I'm not holding out for any particular price, but instead am prioritizing getting an immediate exit at whatever the prevailing price is at the opening bell. The second video on this page shows how I do it.
If you have any questions or feedback, I'd love to hear from you.