SPX and DJ continued to make new ATHs. SPX was up 4 out 5 days and gained over 100 points for this week. NQ and RUT were catching up. NQ was up every day for this week while RUT is the weaker one. It still struggles between its 50 and 20 D MA. SPX and YM appear to be extended while NQ and RUT have rooms to run or they could drag SPX and YM back down. The earning season will start next week which could bring some volatility back. Seasonally, we may see a pullback to retest the breakout areas in the next week or so.
My net liq is flat at 135K range. The realized G is 1K, probably dragged by RUT. The leverage is at 3. The index options did fairly well for the week. I haven't been able to trade 0 DTE in the personal accounts. Shadow Trade took some small losses on its directional bets. But APPL long calls should offset the losses. I took a full-blown loss of $800 on GOOGL BWB following JO's 5K trades. It gapped up 4% on Monday and took out all the strikes. I didn't actively look for ways to offset the losses until the late part of the week. JO didn't update this trade until Thursday. I shouldn't wait for his either. I must actively manage my risk.
I failed to take stop loss on my IF-JO on Monday. I didn't follow the rules and added one more on top of the first loss. I ended up reversing the 2 short calls. They finally got closed today. I was lucky because the uptrend continued. But a mistake is still a mistake. It will hit hard once I relax the rules.
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