FOMC held interest rate as expected. Unwinding its balance sheet is coming soon. Market didn't care either way. The focus is still on earnings. Tomorrow will be another big day. There will be 60 S&P companies report while AMAZ is scheduled after hour. I need to be able to hold through the earning session. Then hopefully bulls will let the gas paddle go for awhile.
Made 5 trades. Volume felt very light. Several of my orders didn't get fill although prices passed mid. No premiums collected. It's the summer norm now. RUT pull back 0.5%. My order to take profit on IWM didn't get fill.
Net liq recovered 7K, that saved my day for not to wire fund in. Margin ratio is above 60% and will be good before the weekend. I definitely need to learn and practice more directional trading system.
No comments:
Post a Comment