Hey Guys,
The market continued its strong day yesterday. This morning, the market is quiet to start the morning. It's almost like it's taking a breather.
My stock position for L reached its profit target. That gave me a perfect 5-0 win-loss record for the week in my stocks account.
For those option trades that closed yesterday, it was a mixed bag of outcomes. I had a few victories, but those two TXN option trades never recovered after dropping like a rock last week. They dragged down my option account performance and gave me my first red week since July. You can never be sure when trades like that will roll around, but backtests show they happen occasionally, so rather than dwell on them, I go with the flow and just move on to the next trade.
I haven't take on any new trades yet today. Nothing from the watch list has triggered.
If you have any questions or feedback, I'd love to hear from you.