The bulls took over after Fed Minute was released on Wednesday. The bears had the chance to push SPX below 4300. Now that SPX, NQ broke out of their downtrends in both weekly and daily charts. Only RUT is still in that muddy wedge. VIX is below 17. It looks like the downtrend from September is reversed. The seasonal pattern is in agreement with the trend now.
My netliq is at 160K, up 15K from last week before I send 5K back to ETQ. The leverage is down to 240, the first time closed below 250 this year. The realized profit is $6022. The premiums collected are $2367 with the IF unwinded. But the overall cash collection is still - $690 for the month. The damage of MRNA is too big. Another long call of it went to worthless from $840. The small accounts performed well after recovering from the IF of last week. It realized $5480 for the week. It's still not worth the risk to trade IF without stop. I transferred my Fidelity trade account to TD due to some technical issues with FI.
I traded twice IF in IB today which wasn't in my trade plan. It should not be allowed despite both are winners. I still don't have the habit of placing a stop order right after the order was filled. Be a pro, not a gambler.
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