The pattern of this week continued to play out. Market attempts to sell a little in the morning, then buyers step in and lift it up. It followed the momentous of yesterday and booked new highs across the major indexes. RUT gained 1.6% following yesterday's 0.88%. Adding almost 2.5% in just two days. It hit me in the worst possible place. My net liq lost 23K to below P.M level. I had to wire 10K and 5K from ET to shore up my net liq. In the early afternoon I was limited to close positions only when yellow lights were flashing. It was a terrible situation where I could get liquidated easily.
Made 9 trades with 3 rollovers before I was put on closing positions only. I closed SPY 222 at a loss to reduce margin. It didn't help much when market start to push up. I tried to add more hedges with only 3 filled without much margin reduction.
Risk profile is in brink of breaking down. Net liq at only 1000 above the P.M line. I will have to wire more money tomorrow if we don't get even a small pull back. I will decide before the market open tomorrow. Margin ratio is at 52% at least for tomorrow. I need to buy more hedges for next 1-2 weeks.
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