Daily Trading Report — 2025-11-18

Today started strong with a solid short on OLMA. My first entry was at 26.72, and I managed to exit at 25.43, netting a P&L of +$1,285. The setup was straightforward; it was a scalp trade right out of the gate. The stock initially opened strong but quickly showed signs of weakness. Bids were fading, and sellers were aggressive right off the bat. That gave me confidence to take the short. The 1m9 was around 26.38, giving me a solid reference for entry, and the stock continued to drop sharply after my entry, which allowed me to lock in a good profit.

Next up was LFS, where I took a long position at 6.34. This was a classic sub vwap trap setup. After initially fading below VWAP, it reclaimed and started to push higher. I exited at 6.60 for a profit of +$383. At entry, the 1m9 was extended above, but the stock showed resilience, holding above the VWAP and allowing me to catch that bounce. The volume was decent, and it felt like the stock had some legs to run.

However, I then took another position in LFS at 6.70, but this one didn’t play out as well. I exited at 6.45 for a loss of -$304. The tape started to show heavy selling pressure soon after my entry, and I should have cut it quicker. The stock failed to hold its gains and rejected back down, giving me a clear signal to exit earlier than I did.

I attempted a washout long on CGTL, entering at 0.7850, but it didn’t work out. I exited at 0.7085, resulting in a loss of -$760. The stock dropped sharply, and while I was looking for a capitulation reversal, it just didn’t materialize. The selling was aggressive, and I had to cut the trade when it became clear that the support I was looking for wasn't there.

Back to LFS for another long at 6.89. I was hoping for a similar bounce as before, but it failed, and I exited at 6.60 for a loss of -$460. The stock was choppy and struggling to find direction, which made it tough to hold my position. I was up against heavy resistance and should have recognized that sooner.

I found better luck with LFS again, entering at 6.85 and managing to exit at 7.08 for a gain of +$358. This was another washout long setup, and it worked well as the stock pushed higher. The bids were holding up nicely, and there was good volume supporting the move. It felt like the stock was finally shaking off the earlier weakness.

I followed up with another entry in LFS at 7.27. This time, I caught a nice move up to 7.58, which netted me +$434. The entry was near the 5m9 of 7.19, and I could see buyers stepping in, which was encouraging. The stock was showing some strength, and I was able to ride that momentum for a bit.

Then, I tried to push my luck again with LFS at 7.75, but it quickly reversed on me, and I cut for a loss at 7.58, totaling -$440. The tape was choppy, and I should have been more cautious with this trade.

Later in the day, I entered LFS at 8.09, and this one worked out well, exiting at 8.19 for a profit of +$521. The setup was solid, with the stock showing strong bids at entry, and it managed to push through resistance. I could see the momentum building, which was nice to see.

I closed out my trading day with another washout long in LFS at 7.09, where I exited at 7.09 for a gain of +$533. This trade felt well-timed as the stock was showing strength after a dip, and it managed to reclaim some of its losses.

Overall, today was a mixed bag with a lot of trades but not all of them executing as planned. I had some strong trades but also some that were less than ideal.

What I did well: I executed the initial short on OLMA effectively and caught some good bounces on LFS.

What I did poorly: I lingered too long on some losing positions, especially in LFS, where I could have cut losses quicker.

Trading grade: B — solid execution on the profitable trades, but too much churn on the losers.

Looking forward to tomorrow.

Trade charts

Selected notable trades (by P&L) with time-of-day vs price (entry → exit).

KZIA 17:03:56 – 17:13:48 — P&L $+820.62

LFS 12:32:03 – 12:33:05 — P&L $+532.57

LFS 12:15:03 – 12:20:40 — P&L $+521.43

CGTL 10:52:20 – 10:54:22 — P&L $-759.53

OLMA 09:30:30 – 09:32:08 — P&L $+1285.15