Mindful Trader Commentary For March 17, 2023


Hey Guys,


The market ended up having a booming day yesterday. The MES futures index got up near the 4,000 mark yesterday. It dropped a bit overnight, but has still been nearby this morning.


There have been banking collapses this week and yet the market ultimately went up. It epitomizes why I don't try to guess what the market is going to do next. I just stick to the trading plan that leans on longstanding historical patterns.


That surge yesterday helped with my two options positions. My BUD options came in with a profit, and my loss on the ACGL options was reduced. That happened right in time before I manually closed the positions at the end of the trading session yesterday.


I picked up one new position today: SRPT stock in the main account. It's been a light trading week, but maybe that's ok considering that the market is really volatile.


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


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