2026-01-08 · 3 min read
A qualitative run-through of every trade from 2026-01-08: setups, thought process, and outcomes.
FLYX caught my attention early on, and I took a long position at 6.18, looking for a washout long setup after it had dropped sharply. The initial entry was near the 1m9 at 6.34, which provided a reference point for potential support. Unfortunately, the trade didn’t go as planned; I exited at 6.07 with my best exit at 6.12 for a loss of $321. The stock initially showed some strength, but sellers quickly stepped in, and the price faded after my entry.
Shortly after, I saw another opportunity with FLYX. This time, I entered at 6.22 for a sub VWAP trap setup, anticipating a reclaim above VWAP. The trade worked well, and I managed to exit at 6.70 for a solid gain of $725. The tape showed buyers stepping in aggressively, and it felt like the stock was ready to bounce back. The move was quick, and the momentum helped push price higher, allowing me to capitalize on the recovery.
Next up was NVVE, where I entered at 5.49, also looking for a sub VWAP trap. I anticipated a similar bounce as with FLYX, but this one turned out differently. The entry was extended above key levels, with the 1m9 significantly lower at 4.98. The stock struggled, and despite my initial hopes, I had to exit at 5.23 for a loss of $933. Sellers were heavy here, and the stock didn’t show any signs of reclaiming, leading to a quick cut.
In the late morning, I took a scalp trade on JTAI, entering at 0.8884. This was a straightforward setup, and I managed to exit at 0.9228 for a gain of $547. The stock traded with decent volume, and the tape showed a strong bid presence, which helped me lock in profits as the price moved up.
SXTC was another name I tried to work with, entering at 5.38 for a sub VWAP trap setup. I was looking for a reclaim, but the stock didn’t cooperate. It was a tough trade, and I ended up exiting at 5.20 for a loss of $361. The tape was choppy, and sellers remained aggressive, making it difficult to hold onto the position.
Overall, today was a mixed bag with some solid trades but also significant losses. I was able to capitalize on FLYX's recovery, which was a highlight, but I misjudged the strength in NVVE and SXTC. The market felt a bit volatile, especially in the industrials and healthcare sectors, where FLYX and SXTC were trading. The action was concentrated, and with names like NVVE showing a lot of selling pressure, it was clear that not all sectors were in sync.
What I did well: I executed the sub VWAP trap on FLYX effectively.
What I did poorly: I misread the tape on NVVE and SXTC, leading to larger losses.
Trading grade: C+ — good execution on some trades, but misjudged market sentiment on others.
Ready to refine the approach for tomorrow.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
SXTC 11:26:18 – 11:29:03 — P&L $-360.74
JTAI 11:00:37 – 11:05:39 — P&L $+546.62
NVVE 09:36:01 – 09:36:47 — P&L $-933.42
FLYX 09:32:09 – 09:32:24 — P&L $+725.11
FLYX 09:05:18 – 09:06:35 — P&L $-320.60