Daily Trading Report — 2026-01-12

2026-01-12 · 4 min read

A qualitative run-through of every trade from 2026-01-12: setups, thought process, and outcomes.

Running P&L for 2026-01-12

Day P&L: $-2721.84 | Total R: -6.02R

The first trade today was EVTV. I saw it forming a bull flag, so I jumped in at 1.13. The entry felt solid, but it didn’t take long for the tape to show me it wasn’t ready—exited at 1.12 for a small loss. Right after, I took another swing at OM, also looking for a bull flag, entering at 6.5075. The volume was decent early on, but it just didn’t hold, and I exited at 6.44625, taking a bigger hit.

EVTV was still on my radar, so I took a couple more trades in quick succession. I got in at 1.14 and 1.1699, which turned out to be a sub VWAP trap setup. Both trades worked out well, netting me a couple of small wins, but then I got caught again when I pushed my luck at 1.2399, where it faded back down. The tape was choppy, and I should have recognized that earlier. The stock had a tendency to run up and then just as quickly give it back.

BDSX was the next name that caught my attention. It had a low float and was showing a lot of volatility, which usually translates into potential. I took a long position at 7.7388, riding the opening range breakout. It gave me a nice little win, but then I started to overtrade it. I chased it up to 8.63, thinking it would break higher, but the momentum just wasn’t there. I ended up taking a few losses in a row, including a particularly painful one at 8.79 where I thought I had a parabolic squeeze setting up.

The morning was a mix of quick trades, and I found myself getting stuck in the sub VWAP trap on many of them. The tape felt increasingly erratic, especially with BDSX, which had a lot of whipsaws. I should have been more disciplined, cutting losses sooner instead of trying to catch the bounce.

As the midday approached, I shifted my focus to LVLU, which had a strong bull flag formation, and it paid off. I grabbed a position at 11.72 and exited at 12.21, followed by another successful trade at 13.42, where I locked in gains. But just when I thought I had it figured out, I got caught in a washout long setup, trying to catch what I thought would be a bounce. It didn’t work out, and I took a couple of losses in a row there, which was frustrating.

By the end of the day, I was left with a total P&L of -2721.84, which stung, especially given the number of trades I took—50 in total. The win rate of 30% just isn’t going to cut it, and the average loss was larger than the average win. The action today was heavily concentrated on the healthcare and consumer cyclical sectors, with names like BDSX and OM seeing significant volume but ultimately just too much volatility for me to manage effectively.

What I did well: I executed a couple of successful trades on LVLU and was able to identify some setups early in the day. I also showed some discipline in cutting losses on a few trades before they got out of hand.

What I did poorly: I overtraded significantly, especially in the morning with BDSX. I chased entries and failed to read the tape correctly, leading to unnecessary losses. My win rate is a clear sign I need to refine my entry strategy and be more selective.

Trading grade: B- — My entries were forced at times, and while I had some good reads, the overall execution suffered from too many impulsive trades.

Looking ahead, I need to focus on quality over quantity. Less is more, and I should be patient for the setups that truly align with my strategy. Tomorrow's goal is to stick to my plan and avoid the urge to chase.