Mindful Trader Commentary For May 11, 2022


Hey Guys,


The market is still down in the trenches today. It's going back and forth around the 4,000 price level of the S&P 500. There have been price bursts in one direction or the other each of the last couple of days, but overall the market has been indecisive.


I bought a position for MAS today in the main account. It came right off the watch list. Every morning before the market opens, I set up buy limit orders for the tickers on my watch list. It makes most of my trades predictable to some degree.


No positions have closed yet today. I don't have a whole lot of open positions at the moment (not a single option position is open right now). So my risk exposure is limited and for the time being my trading activity is pretty light and easygoing.


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


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