Daily Trading Report — 2025-12-03

2025-12-03 · 4 min read

A qualitative run-through of every trade from 2025-12-03: setups, thought process, and outcomes.

Running P&L for 2025-12-03

Day P&L: $+315.29 | Total R: +0.59R

The morning started with a sharp drop in CLNN, and I thought I spotted a washout long opportunity. I entered at 11.08, but the tape quickly betrayed my hopes. It dropped to 10.13, and I ended up taking a hit of over $1,800. I misjudged the strength of the sell-off; there simply wasn't enough buying pressure to catch a bounce. The float of 8.2 million should have clued me in on its volatility, but I got caught up in the moment.

Next up was VRAX, where I made a series of scalp trades. The first entry at 0.8268 was quick, but I was out almost as soon as I was in, losing a few bucks. I tried to catch a bounce at 0.8494 after a sub VWAP trap, but again, the selling pressure was relentless, and I got hit for another $396. This stock had a low float of 6.02 million, but the volume just wasn’t there to sustain my trades. I should have recognized the weakness and backed off instead of forcing the issue.

CAPR was a mixed bag. I started with a short at 33, but that trade quickly turned against me, and I lost $178. I managed to recover some ground with a short at 40.37 that netted me $239, but my timing was still shaky. The stock was moving a lot, and I was chasing. The 37.2% short interest should have suggested some caution, yet I got greedy on the long side, entering at 39.42 and exiting at 37.72 for a loss of nearly $600. It was clear that the sentiment was shifting, and I should have adjusted my strategy accordingly.

Mid-morning brought some respite with a solid washout long on CAPR at 22.59, netting me about $192. It was a textbook bounce, and the tape showed clear signs of buyers stepping in. This was one of the few times today where I felt like my analysis aligned with the market action, and it felt good to capitalize on that.

As the day wore on, I moved to SMX, but it was another scalp trade that ended in a loss of $132. The action was choppy, and I should have known better than to chase it. Instead of waiting for a better setup, I was jumping in and out, which just added to the frustration.

The late day saw me shift back to PLRZ, where I had a rollercoaster of trades. I entered a washout long at 14.01, only to see it drop to 13.01, costing me $699. But then I caught a nice bounce later at 12.81, which turned into a gain of $114. I got lucky with a big win at 13.47, exiting at 14.24 for $709, and that felt like a nice swing back. PLRZ is a low-float name (1.04 million), so I should have been more cautious with my entries, especially given the volatility.

What I did well today was my ability to adapt and cut losses quickly when things went south. I didn’t let my losers linger. However, I did poorly in terms of overtrading, especially in the morning. I chased a few trades that didn’t have the right setups, and I got caught in the chop more than once.

Trading grade: B+. I made some solid entries later in the day and managed to capitalize on a few good setups, but the morning was a bit of a mess with too many forced trades.

One takeaway for tomorrow: I need to focus on quality over quantity. The market is showing clear volatility; I should be more selective with my entries and avoid the temptation to chase when the tape doesn’t support my thesis.