Daily Trading Report — 2025-12-02

2025-12-02 · 4 min read

A qualitative run-through of every trade from 2025-12-02: setups, thought process, and outcomes.

Running P&L for 2025-12-02

Day P&L: $+2632.01 | Total R: +5.17R

PLRZ was the name that got my attention early on, and it set the tone for my trading day. I saw an opportunity to catch a bounce, and while I had some quick wins, the day soon turned into a lesson in managing risk and reading the tape effectively. I took a few trades right off the bat, starting with a scalp that brought in a small gain, but things quickly shifted as the market opened.

The first trade on PLRZ was a quick scalp. I entered around 7.17 and exited for a modest profit. The tape was somewhat choppy, but I was able to read the buying pressure and got out before any significant pullback. The next trade was a washout long that I took at 7.19 after a sharp dip. It felt like a solid entry since the stock had already shown resilience, and I caught a small bounce back to 7.24. The momentum was there, but I realized I wasn’t fully committed to the setup yet.

Then came the parabolic squeeze. I jumped in at 7.49, and that trade turned out to be my best of the day. It was a textbook setup; the stock shot up to 7.70, and I locked in over 600 bucks. The tape was clean, and I could see the volume confirming the move. I made a mental note to lean into these setups more when I see them.

After that, I got a bit too aggressive with the sub VWAP trap trades. I tried to catch the reclaim, but the stock just kept fading. I entered at 7.07, but it quickly reversed, and I found myself taking a loss on the next few trades as well. The tape was telling me that the buyers were exhausted, yet I was still holding onto the hope of a reversal. I ended up giving back a chunk of my earlier gains, which was frustrating.

The mid-morning session had its ups and downs. I took a washout long at 6.82, but it didn’t hold. I should have noticed the heavy selling pressure; it was a classic case of ignoring the tape and hoping for a bounce. I did manage a couple of small wins afterward, but they barely scratched the surface of the losses I had taken.

SMX was my next focus, and I took a couple of scalps. The first trade was a small win, but I got caught on the second one, trying to chase a quick move. I realized I was overtrading and not sticking to my plan. The stock had a high float and was moving erratically; I should have stepped back and waited for a clearer opportunity.

As the day progressed, I continued to trade PLRZ, but I was still battling the tape. I made a couple of washout longs that didn’t pan out, and I felt like I was just churning through trades without a solid direction. My final trade was a follow-through that I thought would work, but it reversed on me, and I ended the day with a small loss.

Reflecting on the day, I see a lot of lessons. I had some solid setups, but I let my emotions get the better of me after a few losses. The tape was often telling me one thing, and I was trying to force my will against it. I need to remind myself to stay patient and not chase trades when the momentum isn’t there.

What I did well: I executed my entries on high-probability setups, particularly during the parabolic squeeze. I also managed to lock in gains when I had a good read on the tape.

What I did poorly: I overtraded and chased a few setups that were clearly failing. I ignored the tape on multiple occasions and let losses affect my decision-making.

Trading grade: B+. My entries were mostly clean, and I had some good wins, but I gave back too much on losses by not respecting the tape.

Tomorrow, I need to focus on sticking to my plan and not forcing trades when the market isn’t cooperating. Patience will be key.