Mindful Trader Commentary For September 1, 2023


Hey Guys,


The market is still holding strong for now. The S&P 500 is around 4,520 at the time I'm writing this. Nonfarm payrolls were reported this morning and came in a bit higher than expected, so we'll see if that propels the market to keep showing strength.


I closed three options positions yesterday manually that had reached their time limits. All three locked in profits.


That made for a solid week. Overall across all three accounts, I had 12 wins and 1 loss this week. It was nice to see success like that following a few really tough weeks.


I haven't taken on any new positions yet today. And I only have two positions open right now across all accounts. I have very little risk on the table, so I don't have much exposure to any market volatility. I'll continue monitoring the watch list for potential trades.


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


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