Mindful Trader Commentary For July 11, 2022


Hi Guys,


The market is down some this morning from where it ended the week last week. The S&P 500 is around 3860 this morning after finishing the week around 3900.


We finally got some trading action this morning. It felt very satisfying. Every time a trade gets made, my trading platform makes a little "cha-ching" sound, and I've come to love that sound.


In the main account, I bought stock for TCOM. I bought the options for TCOM in the extra options account. In the low-priced account, I bought stock for XPEV and FUTU.


All those tickers went down in price right after I bought them. Sometimes they go up initially. Sometimes they go down. It's not necessarily an indicator of where the trade will end up according to the research I've done. So I try to just let the position breathe and not get too wound up about which direction the stock price goes right after I buy it.


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


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