2026-01-20 · 4 min read
A qualitative run-through of every trade from 2026-01-20: setups, thought process, and outcomes.
The morning opened with SEGG, which had gapped up and showed significant movement. My first entry was at 2.54, and I was looking for a bounce off the VWAP as the stock was testing from below. The tape showed buyers stepping in, and it felt like a solid setup. I managed to exit at 2.71 for a P&L of +$934, with a best exit at 2.86. The stock held up well, pushing through resistance before consolidating, and it was nice to see the follow-through.
I re-entered SEGG at 2.85 shortly after, as the price action indicated a reclaim of the VWAP, and I felt there was still room to run. This time, I caught the move up to 3.02, netting +$602. The volume was strong, and the bids were holding up, which gave me confidence in the play. The stock was clearly in demand, and the momentum was building.
Another entry on SEGG at 3.58 saw a similar pattern. I was in and out quickly, exiting at 3.89 for a +$1,090 gain. The setup was a sub VWAP trap, and the stock continued to demonstrate strength as it pushed higher. It was good to see the tape reflecting my expectations, with buyers showing up consistently.
I took another long at 4.01, looking for a continuation, but this one was a bit trickier. I exited at 4.08 for a +$480 gain, but the price action got choppy after my exit. The stock kept testing that level but didn’t quite follow through, showing signs of seller pressure as it struggled to hold above 4.00.
Later in the day, I tried to capture a washout long at 3.04. Unfortunately, it didn't pan out as planned. I exited at 2.95 with a loss of -$390. The stock had dropped sharply, but the bids were not holding up, and I could see the sellers were aggressive. It was a clear signal to cut that one.
I attempted another trade on SEGG at 3.99, looking for parabolic action, but it quickly faded. I exited at 3.74 for a loss of -$372. The stock was extended at entry, and I could see sellers stepping in aggressively. It was tough to hold, and I made the right decision to cut that one early.
I did manage to capture another washout long at 3.61, exiting at 3.91 for a +$658 gain. The stock had pulled back sharply, but I was able to identify the reversal and get back in. The tape showed buyers stepping in, and I took advantage of the momentum shift.
My final trade on SEGG was a washout long at 2.89 that turned out to be my biggest loser of the day. I exited at 2.67 for a -$1,103 loss. The stock just didn’t have the strength I anticipated, and I should have recognized the weakness in the tape sooner.
Overall, SEGG was the main focus of the day, and while I had some solid wins, the losses highlighted areas where I could improve my timing and read on the tape.
What I did well: I executed multiple profitable trades on SEGG, capitalizing on the momentum early.
What I did poorly: I misread the tape on some later trades, leading to larger losses than necessary.
Trading grade: B - Solid wins but poor timing on some exits.
Tomorrow’s another day to refine those entries.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
SEGG 14:11:31 – 14:41:57 — P&L $-1103.41
SEGG 12:18:15 – 12:22:46 — P&L $+657.73
SEGG 10:50:58 – 10:51:19 — P&L $+1090.49
SEGG 10:44:40 – 10:45:31 — P&L $+601.57
SEGG 10:38:22 – 10:41:22 — P&L $+934.15