Friday, July 8, 2022

A Week Of Recovery 7-8-22

 The major indices closed a positive week. SPX and RUT upped 3% and 5%. They both closed above 20 SMA.  However, they didn't break out the ranges of last week. The down-trend is still intact. 

My IB is up 1K at 81K with the July 4th shortened week. The leverage is slightly lowered at 653. The realized P/L is $22653. The collected cash is $2.1K mainly from an increased risk rollout. I maintained a small negative delta since the down-trend is present. The tide could turn at any time. 

The 0 DTE system is back to normal. I am cautiously trading both ETP and TOS accounts. The collected cash is 2.25K for this week. I started to place stop-loss orders after my orders were filled. I took the first stop-loss in TOS today. It didn't feel too bad. I made it break even after the stop. 


I need to be more consistently adding the stop-loss orders. It's for the 1-5% outliers. 

Watch for the key levels to release my orders. 

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