The majors closed lower for this week. SPX is down a little more than 1% and RUT closed below 2000 again. QQQ is leading to the downside. The selloff was induced by Fed members' hawkish talks. Naturally, the market needed a breather after the recent rally. I expect the selling pressure to continue early next week as MACD and Friday's closing indicated.
The IB Netliq is down 11K including 2K to BAC for expenses. The realized P/L is $23.5K, mainly from the exited positions. The collected cash is $1,550 resulting from a couple of hedges that worked. The leverage is at 253 from last week's 241. My options portfolio is still venerable to the downside.
The 0 DTE in my small accounts only realized $1160 profit. I entered an IF 1 DTE on Tuesday which didn't work out. The put leg is still in the book after 2 rolls.
Improvements of the week:
1. I have been more patient in waiting for the market to come to me. I paid more attention to the levels.
2. I recognized and controlled my emotions more consciously. I was willing to let an order go instead of chasing it.
Issues to address next week:
1. I need to set a clear rule for my stop losses even if there is a hedge protecting protect part of my positions already.
2. Continue to build the habit of entering stop-loss orders after a new position is established. This is still my weakest link.
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