Daily Trading Report — 2026-01-15

2026-01-15 · 4 min read

A qualitative run-through of every trade from 2026-01-15: setups, thought process, and outcomes.

Running P&L for 2026-01-15

Day P&L: $+1293.24 | Total R: +3.15R

CJMB had my attention early on, and I took a shot at the opening range with a long entry at 3.81. I was looking for a quick breakout, but it didn’t play out. The stock faded right after my entry, and I had to cut it for a loss of around $359. That trade set the tone for my morning—lots of volatility but not much follow-through. CJMB was a mixed bag; it had a low float of 1.62M, and with a slight gap down, the early momentum just wasn’t there.

After that initial loss, I shifted my approach and looked for a sub VWAP trap on CJMB again. I got in at 3.70 and managed to snag a small win of $132. This time, it bounced back nicely, but I had to watch it closely as it tested the VWAP level. The tape showed some resistance, but I felt like I was starting to find my footing. I tried to capitalize on a few more sub VWAP traps, but many of them didn’t hold up, resulting in a series of small losses. The key takeaway here was that I was trying to force trades without waiting for the right confirmation.

As the morning wore on, I switched gears to ROLR, which was showing wild volume with an rvol of 456.65. I took a few scalp trades but got burned on all of them. I entered at 28.42, hoping for a quick move, but it just didn’t happen. The stock was choppy and didn’t provide the volatility I was looking for. I should've recognized the lack of momentum earlier and avoided those trades.

CJMB continued to dominate my morning. After a few more attempts, I finally hit a decent trade at 3.39, where I took a washout long and scored $319. The stock finally showed some strength, holding above 3.40 for a bit, which gave me the confidence to hold through some volatility. The tape started to show more buying interest, and I could feel the shift, which was encouraging.

SPHL caught my eye next. It had a low float of 0.42M and was in a strong sector, real estate development. I saw a couple of setups, particularly a sub VWAP trap and a washout long, and capitalized on them for some solid wins. I entered at 7.32 and exited at 7.54, netting about $314. The volume was decent, and the price action was much cleaner than CJMB, which helped me ride the momentum without second-guessing my decisions.

Later in the day, I got into MLEC, which was another low-float name with a lot of action. I executed a washout long at 8.14 and caught a nice move to 8.79 for a $638 win. It felt good to see the stock respond positively after a sharp drop. The volume was substantial, and I could see buyers stepping in, which made it a high-probability setup. I followed that with another washout long that also worked out, but then I took a couple of hits on some bad entries, giving back some of my gains.

What I did well: I managed to identify and capitalize on a couple of strong setups, especially with SPHL and MLEC. I also showed resilience after the initial losses on CJMB and ROLR. My patience paid off with the washout longs as I waited for the right moments to enter.

What I did poorly: I overtraded early and didn’t respect the tape on ROLR, which cost me. I also tried to force trades on CJMB despite the lack of follow-through, and I didn’t cut my losses quickly enough on a few occasions.

Trading grade: B+. I had some solid entries that led to decent gains, but I let some early losses affect my decision-making, which could have been avoided with better tape reading.

Tomorrow, I need to focus on staying patient and not forcing trades, especially in choppy markets. Being selective about my entries will pay off in the long run.