It was a short week after the Labor Day long weekend. The major indices staged a turnaround. SPX and RUT hit their support at 3900 and 1790 respectively. The price action matches the seasonal trend so far. There could be a pump and dump in mid of Sept.
IB Netliq is up 5K to 128.6K after returning 10.5K to ETQ. The realized P/L is $12.5K including some rollouts in August. The leverage is up 10% from 328 to 366. The collected cash is $1897. There were two hedges paid off for over $2K. It was a reasonably good week. I was a bit too heavy in SC at the end of the week.
The 0 DTE was dragged by the ITM SPs in ET until the end of the week. The total cash collected is only $2,180 since ET didn't bring in any money. The None stop rule has cost too many potential profits.
Lessons Learned:
1. I have improved my patience. I was able to wait for price waves to come to me. I shall continue to practice it consciously.
2. I remembered to place my stop loss orders right after each of my orders get filled.
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