Every attempt of selling has been met by buyers in this rally. RUT made another new high of 1342 and booked its 14th up day in a row. Even Fed Minute release indicated the rate hike was around the corner couldn't make a dent on the market. The result is that I am pushed one more step close to the edge. I lost another 5K in net liq. It has about 9K cushion left in my portfolio. It's true that the biggest draw down is in the future.
Made 9 trades with 4 rollovers in call side and the rest of them were closing puts. They didn't help much in reducing margin and risk. I made 2 entry errors today. Such mistake hasn't happened for a long time. I must be stressed out without realizing it. I need to regroup and get my head clear on this Thanksgiving Day.
Risk profile is worsening. Net liq is down to 119K. Leverage is up to 166. Both set the worst on my record. Margin ratio of 47% is better for the time being. The post expiry predicts a lower ratio for next week. I need to call IB on Friday or Monday to clarify Net liq and margin relationships and requirement.
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