The breakout continued following the seasonal pattern. All the major indices closed in green this week. SPX made a 52-week closing high. It closed slightly higher than the August high. VIX closed at a low 15s. There are some major news events next week. It may be a volatile week.
The IB Netliq is up 0.5%, from 342.4K to 343.8K for the week. The options' value is slightly up from 158.7K to 159.5K. The leverage is flat at 77ish. The realized P/L is negative, -17.1K. I have had several SCs DITM with this rally. The collected cash is $3373 with one BFP. I made 82 trades this week. It's an average of 16.4 per day. It's way too many. SPX reduced one SP. RUT is one SC less. Overall it was a flat week. I feel that I lost some of my mental edge.
The two small accounts didn't get out their DITM SCs with this rally. I only collected some premiums with each rollout. IBP got $391. TOS collected $505. It was a disappointing week for the two accounts. I may add the 0DTE strategy back after FOMC next week.
Lessons and Plan:
1. I still have the urge to enter trades despite the timing.
2. I should try to recognize urges. Ride with the urge but do not act on it. Overtrading is mostly caused by urges.
3. I need to remember to practice short meditation during the day. It may help me to be patient.
4. I remember the active periods. I need to have the patience to wait for them.
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