Mindful Trader Commentary For September 23, 2022


Hey Guys,


The market had a bad night. The S&P 500 is just above 3,700 right now. It's approaching its low of the year (around 3,650).


I hit a stoploss this morning on my initial LULU position from the main account. Also, almost all my other open positions are in the red. It can feel uncomfortable on days like this, but I can tell you from experience and from research that you can never tell for sure what's coming next.


I've had times where all my positions are red and then a day later they're all green. I'm not saying that will happen here, and there is a very real risk involved, but you never know for sure what the future holds and that's why I stick to my trading plan through thick and thin.


I picked up some new positions today. I bought positions in RCL (stock in the main account and options in the extra options account). I bought shares of IBKR and CEQP in the low-priced account.


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


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