It's a harvesting Friday. All of this week's puts and calls are expired with profits and reached my $1K target. The market opened with initial selling and got pushed up until closing. It looks like the debt ceiling can be raised based on the House Speaker's statement.
I used too much margin for scalping yesterday and didn't leave enough room for my regular positions at later time. I need to improve this area. A new allocation plan may be: 6-10 for coming week in 2-3 positions. and 4-6 for the week after = 2 weeks out. Of course it's all depending on market condition. Position size for Fed week should be reduced or get in early and far OTM.
Remember: Risk control first. Wait for the price come to my setup = I own the market.
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