Mindful Trader Commentary For November 14, 2024


Hey Guys,


The market is at about the same price level as it was yesterday. The S&P 500 is around 5,980.


My PM stock trade reached its time limit this morning, so I manually closed it at the opening bell. That one ended up in the losing column. It's been a light trading week, and it's not particularly fun to see the only two closed trades of the week end up with losses. But I keep in mind that just last week, I had nine wins and no losses. So it helps to keep the big picture in perspective.


There haven't been any new trades yet today, although I did take on a couple new trades yesterday. I bought positions for VFC in both the stocks account and the options account.


And there are some tickers from the watch list, for both stocks and options, that are somewhat close to triggering. They include DLR, LDOS, and GILD. I have buy limit orders in for all of those, and my limit price is the "Potential Entry" price shown on the watch list.


My PM option position reached its time limit today, so I'll manually close that one right near the end of the trading session today unless it reaches its profit target first.


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


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