Indices turned around starting from the bullish engulfing on Monday. SPX/ES erased all the loss of last week and back to 2090 again. It's likely setting up a traditional Christmas rally. It may not be a straight up though.
My account ended with $4K realized again for this week. It was due to all of the puts were out of money and couple of ITM calls got closed as well. However many of my calls are ITM and margin is on the call side again. I have 25 bear calls ITM which I had to roll them to next week and some to Jan 3. I am break even or slightly profitable overall this yr.
I need to have a clear plan of what systems to trade. Right now I am mixed with Karen and Tyler style plus my own twick of wide spreads. However there are no specific size of each trade and overall position size. I am still trading in shoot off hip style. I may use this trip to China to clear my head. and specify my trading size.
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