Mindful Trader Commentary For September 28, 2021


Hi Guys,


The market is down this morning. Yesterday during the day it hovered in this little 20-point channel that looked pretty calm, but then overnight and into this morning it has come down hard. We're definitely still contending with market volatility.


My BDX stock position hit its stoploss. My other stock positions aren't particularly happy either (although BAX has held its ground). Until each trade is over, though, you never know where it will go next.


I bought stock positions this morning in KLAC and MDB. I also bought options in my extra options account for MDB. These tickers had a big drop overnight. There were some other tickers from the watch list that also triggered, but my approach is that I only buy up to two stocks per day. I typically take the first two that get filled unless I have limited buying power.


I looked for more options trades to make, but most of the ones I checked were too expensive to meet my Max Premium criteria. So I passed on everything except the MDB options.


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


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