Mindful Trader Commentary For October 10, 2022


Hey Guys,


The market is still down this morning and hanging out where it closed on Friday. The S&P 500 is around 3,640 as of right now. That non-farm payroll on Friday report caused the market to reverse the progress it had made early last week.


I picked up a couple new positions today. I bought stock for TCOM in the main account. I bought the options for TCOM in the extra options account. That was the first trade in a bit for both those accounts, and it sure felt satisfying to see some action.


I manually closed my position on CALM this morning since it reached its time limit. It ended up with a partial loss. Any time a stock trade reaches its time limit, I manually close the position right when the stock market opens using a market sell order. 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.


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