Daily Trading Report — 2025-12-11

Today started with some solid movement in BTTC, which I identified as a washout long. My first entry was at 6.38, right after it pulled back sharply and showed signs of strength. The bids were building, and it felt like buyers were stepping in. I exited at 6.82 for a profit of +$1,295, with my best exit at 7.33. The stock pushed up nicely, showing strong buying interest before hitting some resistance.

I followed up with another washout long in BTTC at 9.27. This entry was near the 1m9 at 8.93, which added some confidence to the trade. The stock had a nice bounce, and I managed to exit at 9.78, securing +$1,040. There was decent volume behind that move, and it felt like the stock was consolidating well before the breakout.

Continuing with BTTC, I took a third entry at 10.91, still playing the washout long setup. The entry was extended above key levels, but it had a quick push that led me to exit at 11.36. I grabbed a smaller profit of +$474, but the price action was choppy, and I was cautious about holding too long in case of a pullback.

Things turned sour with MIGI when I attempted another washout long at 9.27. The entry was near the 1m9 at 9.18, but it quickly faded, and I had to cut it at 9.08 for a loss of -$433. The tape showed sellers were aggressive, and it didn't feel like there was enough buying pressure to sustain the move.

Next, I took a sub VWAP trap in BTTC at 9.28. The stock had pulled below VWAP but didn’t reclaim it, so I exited at 9.32 with a loss of -$461. The setup just didn’t hold, and I was quick to recognize that sellers were staying heavy.

I returned to BTTC later in the morning with a washout long at 6.70. This time, the stock managed to bounce nicely, and I exited at 6.83 for a gain of +$532. It was good to see the stock holding above VWAP and showing some support in the tape.

As the day progressed, I turned my attention back to MIGI. I entered at 11.87, again looking for a washout long. This time, I caught a nice move, exiting at 12.26 for a profit of +$447, with the tape showing buyers stepping in strongly. It felt like the momentum was finally shifting in my favor.

However, I faced a significant setback with another MIGI trade where I entered at 10.94. I was looking for a washout long again, but the stock couldn’t hold its ground, and I exited at 10.47 for a loss of -$545. The selling pressure was evident, and I had to cut it quickly.

The worst came later as I tried to catch a washout long in MIGI again, entering at 9.69. The stock had a sharp drop, and I ended up taking a hefty loss, exiting at 7.72 for -$4,618. The action was choppy, and it felt like I was fighting against the tape as sellers were aggressive, pushing the stock down hard.

Late in the day, I made a couple of scalp trades in AVGO. The first entry was at 395.01, but I couldn’t hold and exited at 394.14 for a loss of -$437. The second trade was worse; I entered at 393.00 and had to exit at 388.29 for a substantial loss of -$2,607. The market was unpredictable, and AVGO was no exception.

I did manage to recover a bit with a final scalp in AVGO at 383.73, exiting at 387.03 for a gain of +$996. The tape finally showed some strength, and I was able to capitalize on a quick bounce.

What I did well: I recognized when to take profits on BTTC trades. What I did poorly: I didn't cut losses quickly enough on MIGI.

Trading grade: C - I executed well on initial trades but failed to adapt to changing conditions later in the day.

Looking ahead to tomorrow, I’ll need to focus on managing risk better and keeping an eye on the tape.

Trade charts

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

AVGO 17:52:20 – 17:58:56 — P&L $+995.94

AVGO 17:37:22 – 17:48:05 — P&L $-2606.76

MIGI 15:25:56 – 15:38:17 — P&L $-4617.88

BTTC 08:51:00 – 08:52:03 — P&L $+1039.74

BTTC 08:34:58 – 08:36:56 — P&L $+1295.30