It's the End of the Week, Month, and Year. I will write a separate summary for 2021. The Santa rally started right after Christmas for SPX and Dow which made new ATHs within a couple of days. NQ is knocked down on a double top pattern of daily and weekly. RUT is the weakest one which is stuck in its 10-month range between the 20/50 D SMA. After the initial breakout, the majors didn't make follow-through advancing. They traded in sideways for the rest of the week with the selloff in the last 30 min of the last two days. It's not clear what the market's intention is right now. The time of the year is tricky for either direction.
For the last week of 2021, IB's net liq closed 177K excluding the 20K paid back to ET Q. Therefore it's up about 8K from last week. The leverage is at 230, similar to last week. The collected premium is $849 with the realized P/L of $60,710. The P/L is somewhat distorted due to the rollings of LPs earlier this month. For the month of December, the IB had a netliq increase of 30K and a premium collection of 5.6K. For the personal accounts, I only traded my ET which closed with 1K P/L and the monthly of $4130. I may start to trade TOS when the vol is stable. There are just too many accounts to manage for 0 DTE with the vol jumping around. My plan was to use TOS for swing and ETF trading.
The 1 DTE IF and 0 DTE SPX worked this week. I did put stop losses for my IFs but luckily didn't have to use them. I still have the psychological fear of taking stop-loss which will hurt me when the vol is high. I will do a 1-2X stop loss for my swing and rolling positions.
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