Daily Trading Report — 2026-01-02

2026-01-02 · 4 min read

A qualitative run-through of every trade from 2026-01-02: setups, thought process, and outcomes.

Running P&L for 2026-01-02

Day P&L: $+690.30 | Total R: +1.55R

The morning kicked off with LVRO, and I was looking for a gap and go setup. I entered at 1.07, but the tape was weak right from the start. I should have read the selling pressure better; I ended up cutting that one for a $351 loss. Not the best start.

LVRO bounced back soon after, and I was quick to jump back in around 1.139. This time, the tape showed some strength, and I managed to exit at 1.190, locking in a $255 win. I felt good about the quick recovery, but it was clear that the volatility was still high. The stock was moving in fits and starts, and I needed to stay sharp.

As I continued trading LVRO, I took a few more positions in the gap and go setup, but the momentum was fickle. I got long again at 1.135, only to see it fade back down. That was another loss, but I managed to recover some ground with a solid exit at 1.16, taking a $307 win. This back-and-forth showed the tape was still choppy, and I needed to be more selective.

Around mid-morning, I switched gears and started looking for a sub VWAP trap. I took a position at 1.179, and the tape showed some bullish action as it bounced back to 1.212. I was feeling good about that trade, and it added to my profits. But then I got caught in a few smaller positions that didn’t pan out, and I ended up giving back some gains from earlier trades.

The sub VWAP trap setup was tricky today. I entered at 1.24 and then saw the price drop, forcing me to cut my losses. It was frustrating, especially since the stock had shown potential earlier. The tape was mixed, and I should have recognized that the buying pressure wasn’t strong enough to sustain the moves.

Later in the morning, I had a nice win at 1.279, where the stock squeezed up to 1.383. That trade felt solid; the tape showed real strength, and I was able to ride the momentum. I was feeling more in tune with the market, but then I let a few smaller trades slip away, cutting into my profits.

By the time I wrapped up for the day, I had executed 28 trades with 11 winners and 17 losers. My win rate was under 40%, which isn’t ideal, but I managed to finish up $690.30. The average win was decent at $173, but I was giving back too much on the losers. It’s clear I need to refine my entries and focus on high-probability setups.

What I did well today was recognizing the bounce potential in LVRO and executing some solid trades during the mid-morning. I also cut losses quickly on a few trades that weren’t working. On the flip side, I overtraded and let my emotions get the best of me on a few positions, which hurt my overall performance.

Trading grade: B+. I had some good entries and decent wins, but the overall execution was marred by too many small losses and a lack of clarity on the tape.

One takeaway for tomorrow: I need to tighten my focus and avoid getting caught in the noise. High volatility can be rewarding, but I have to stay disciplined and stick to my setups.