Mindful Trader Commentary For September 18, 2024


Hey Guys,


We finally got a bunch of trading action after a few sleepy days of trading.


Since the email I sent yesterday, I've taken on six new stock positions in the stocks account and four new option positions in the options account. So we're suddenly back in the action with plenty of risk back on the table.


And the timing is interesting because later today the Fed is going to announce its interest rate decision. That could potentially infuse some volatility into the market, and depending which way that volatility pushes the market, it might have a noticeable effect on my account since I now have all these positions open. Historically, the market goes up more often than not on the days of these announcements, but that certainly doesn't guarantee what will happen today.


My TGT stock position reached its time limit this morning, so I manually closed it at the opening bell. It ended up with a partial profit.


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


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