The major indices staged a significant reversal after Thursday's 0.2-0.3% better-than-expected CPI report Thursday. SPX and RUT gained 5.5 and 6.5% on that day alone. It's the best one-day gain since Feb 2020. QQQ performed the best with an 8% gain. This reversal is the best week of the year so far. It may be the start of the year-end rally.
The IB Netliq is down 0.6K for the week. I wasn't prepared for that big reversal after the CPI. The leverage is up from 337 to 353, +4.5%. The realized P/L is -$9.2K. The collected cash is only $1.46K. I missed the big runup last two days. The loss was partially caused by my breaking the -1+1 rule.
The 0 DTE system dragged by the ITM positions in TOS. The 3 3880 SCs are deep ITM after the CPI 5.5% rally. The 2 small accounts collected $3.8K cash. TOS booked over 20K losses with the ITM SCs. I am still working to unwind these positions. It was caused by my fear of losing and my failure to stop.
Lessons Learned:
1. I can only control my actions. I can't control the market behavior. That's why I have to follow my rules.
2. Always look for the opposite possibility. Compare alternative solutions for my objectives.
3. Meditation is helping me to stay calm. Keep practicing it daily.
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