The majors are diverging this week. DOW and RUT, the large-cap and small-cap closed down more than 1% for the week while NQ is up more than 1%. SPX is slightly up with an almost Doji candle. Are we going to see a 2018 Nov style selloff since we have not had a 10% pullback this year? If not a pullback is most likely in next Jan-Feb based on seasonality.
My IB Net Liq is up to 180K before I send another 10K back to ET. This is the highest level since Nov 2016. It's the five years of struggle and recovery. Keeping the size small and staying with the direction of the market are the keys. The leverage is at 239. The premiums collected are only $1650, plus $2100 from my directional trades for the week. The realized profit is 3644 from the options selling. For the personal accounts, the realized profit is $1555, mostly from the 0 DTE trades.
Luckily, my directional trades worked well this week. The NVDA, TSLA, and MRNA paid off well over 300%. I also made repeat mistakes on order entries. I accidentally release a QQQ order meant to be looked at in the IBP account this morning. I didn't obey my rule of following my subconscious. When in doubt don't do it until my mind is clear. I did follow my rule of -1+1 and watch for deltas.
Watch for the indices divergent next week. The Thanksgiving week could be slow. Safeguard my profit of the year. When in doubt, don't do it.
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