#SPX1dte Today is the first day in 2023 where my stop-out was necessary and saved money. Before today, all of my stop-outs had cost me 14.17, and all were unnecessary. If I hadn’t stopped out on any of those days, my YTD profit would have jumped from +34.85 to +49.02. That’s a huge difference. But today, we had 2023’s first strong breach of my short strike, and that +14.17 “woulda-coulda” number plummets to be -0.36.

So the “no-stop” alternative is now basically dead even with my actual profit.

Tomorrow, I will look for a same-day trade after the jobs number is released.