Mindful Trader Commentary For October 17, 2023


Hey Guys,


The market went up noticeably yesterday, but then came back down overnight. The market is now a bit below where it was yesterday when I emailed. The S&P 500 is around 4,340 right now.


I haven't taken on any new trades yet today, but I noticed that DXC showed up on the Triggered List in the Low-Priced stocks section. If you're hungry for trade ideas, that's one you can consider.


My process each morning for finding trades is simple. I just go to the watch list and set up buy limit orders for the tickers at the top of the Stocks and Options lists. Those are the ones that are the closest to meeting the criteria of my trading strategy, and therefore have the best odds of being filled. I can never be sure ahead of time which orders will be filled, so I just set them up like clockwork each morning and wait to see which one get activated. Incidentally, none have been activated for more than a week.


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


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