Mindful Trader Commentary For February 16, 2024


Hey Guys,


The market made another upward push yesterday, but it gave up those gains this morning and the S&P 500 is back around 5,005 right now.


I had a lot of profits ring in since the last email. My V options hit their profit target, as did my HLT stock position in the double down account. I also had two stock positions reach their time limits this morning (C and the VZ stock position from the double down account), and both ended up with profits. And my options that reached their time limits yesterday ended up with a net profit.


Overall it was another solid week in each account. I'm on a hot streak. Here is my account performance over the last four weeks:


Main Account: +22.2%

Options Account: +18.5%

Double Down Account: +3.1%


How long will the hot streak continue? I have no idea. That's the challenge with trading: you never know for sure what's coming next. So I'm just going to stick to my normal trading plan and keep taking any trades that set up for my strategy criteria.


There haven't been any new trades yet today.


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


Sign Up for Trade Alerts