Hey Guys,
The market is near the low of its 3-week range. The S&P 500 is right around 3,950 right now. Let's see if it stays in this range and gravitates back toward 4,000 again.
There was some roller coaster action on some of the trades I made this morning. NTAP had just reported earnings, which caused some wild price fluctuations. I had a buy limit order set up for NTAP since it was on the watch list, and within 60 seconds of my order getting filled, it almost reached the profit target. Since then it came back down a lot.
Most trades I make do not move anything like that. This one was in roller coaster mode since it was an earnings day trade. I got some wild action on my HRL trades from this morning too as a result of an earnings announcement, but those went the opposite direction after I bought them.
The official list of purchases I made today included NTAP and JCI in the main account, NTAP and HRL options in the extra options account, and GFS and HRL in the low-priced account.
I had four different positions close today. Overall they came out to a net profit, but there were two wins and two losses. One of the wins was a fun one. HTHT gapped up overnight above the profit target and gave me an oversized profit. That was another trade that overlapped an earnings announcement, and the extra price volatility ended up working out in our favor.
I posted watch list tutorials and a triggered list tutorial on the site. These might help demonstrate the power of the new features that were added. At this point I no longer do any scans outside of the Mindful Trader website. I rely exclusively on the new watch list and triggered list to make all my trading decisions.
If you have any questions or feedback, I'd love to hear from you.