Daily Trading Report — 2025-12-02

PLRZ was the name of the day, really. I saw some solid movement early on, and the tape was lively. My first entry was at 7.49, catching a parabolic squeeze that showed promise. The stock was trading strong, and I was able to exit at 7.70 for a solid gain of $615. The bids were holding up nicely, and there was clear momentum pushing it. I even got a best exit at 7.96, which was nice to see.

Not long after, I took another position in PLRZ at 6.94, this time looking for a sub VWAP trap. Initially, it dipped below VWAP but quickly reclaimed it, and I was able to close at 7.20, netting me $1,023. The volume was robust, and it felt like buyers were stepping in to support the price.

However, the next trade in PLRZ at 7.01 didn’t go as planned. I was looking for a continuation on the sub VWAP trap again, but the sellers were aggressive, and I cut it for a loss at 6.91, totaling -$732. The stock just couldn't hold that level, and the tape was telling me to step back.

I then entered at 6.50 for a washout long, but it quickly faded, and I exited at 6.39 for a loss of -$426. This was a sharp drop, and although I was hoping for a quick reversal, I had to recognize that the selling pressure was too much to handle.

After that, I took a more promising long at 7.05, again on a sub VWAP trap. This time, things clicked. The stock rallied, and I exited at 7.35 for a gain of $2,708. The bids were stacked, and the momentum was undeniable; it felt like a strong follow-through that really paid off.

Next, I took a long at 6.82, looking for a washout long again, but it didn’t hold. I cut it for a loss at 6.65, which was another $526 out of my pocket. I felt like I was getting a bit choppy with my entries, and this one was no exception.

Then, I tried a parabolic squeeze at 6.55, but it was another misfire. I exited at 6.51 for a loss of -$418. The name just wasn’t cooperating, and it felt like I was chasing the move without strong confirmation.

Later in the day, I tried another long at 6.80 for a VWAP reclaim, but again, the market was not in my favor, and I exited at 6.71 for -$873. The sellers were staying heavy, and I had to cut my losses before they got worse.

I did manage to catch a nice move back at 8.14, riding the parabolic squeeze again. I entered at 8.22 and got out at 8.34, making $976. The tape really opened up, and it was great to see some follow-through after a tough morning.

After that, I took another long at 7.61, but it didn’t hold, and I cut for a loss at 7.53, totaling -$609. It felt like the momentum was fading at this point.

However, I found a couple more washout longs later in the day that worked out. One at 6.61 gave me a gain of $664, while the last one at 7.03 netted me $327. Both times, I was able to catch the bids holding up, and it was nice to see the tape finally cooperating.

What I did well: I managed to identify and capitalize on the stronger moves in PLRZ. What I did poorly: I got a bit too aggressive on some trades, especially in the morning.

Trading grade: B — solid reads on the strong setups, but I need to refine my entries to avoid unnecessary losses.

Tomorrow’s another day, and I’ll be looking to build on the good setups while being mindful of the tape.

Trade charts

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

PLRZ 12:27:19 – 12:27:20 — P&L $+976.38

PLRZ 11:50:59 – 11:55:44 — P&L $-872.85

PLRZ 09:41:31 – 09:53:41 — P&L $+2708.25

PLRZ 09:35:08 – 09:38:03 — P&L $-731.53

PLRZ 09:30:18 – 09:31:39 — P&L $+1022.77