2026-01-30 · 3 min read
A qualitative run-through of every trade from 2026-01-30: setups, thought process, and outcomes.
GITS was my first trade of the day, and I was looking to catch a washout long. I entered at 5.80, anticipating a bounce after the stock pulled down sharply. The initial tape was promising, with bids holding up near the 1m9 at 5.83. However, the stock quickly faded after my entry, and I exited at 4.72 for a loss of $851. The momentum shifted, and sellers were aggressive, pushing price down before I could see any recovery.
Next up was FEED, where I attempted another long on a sub VWAP trap. My entry was at 5.58, but it didn’t take long for the stock to reject back down. The bids quickly fell apart; I exited at 5.24, resulting in a loss of $1,255. The tape was choppy, and it was clear that the selling pressure was overwhelming.
Midday, I jumped into ELPW with another washout long setup at 2.69. The initial price action was similar to my earlier trades, showing a brief dip before bouncing. However, the stock didn’t hold, and I had to cut it at 2.52 for a loss of $511. The bids were weak, and I could see the sellers were staying heavy.
Despite those early setbacks, I re-entered ELPW shortly after at 2.47, looking for that washout long again. This time, it worked out much better. I caught the bounce, and the stock rallied up to 2.80, where I exited for a solid gain of $982. The volume came in strong as buyers showed up, and it was nice to see the follow-through this time.
SLV was next, and I tried a scalp trade at 74.99. The market felt a bit uncertain, and I was looking to capitalize on a quick move. Unfortunately, the trade didn’t hold, and I exited at 73.16 for a $409 loss. The stock had been trading choppy, and the sellers were aggressive, which made it tough to maintain a position.
I circled back to ELPW one last time, entering at 4.75. This was a solid washout long, and the stock really took off, hitting a high of 7.52 during the run. I managed to exit at 6.00 for a gain of $2,626. The tape showed strong buying interest, and it was clear that the stock had finally found its footing.
What I did well: I managed to identify a strong setup later in ELPW and executed well on that trade.
What I did poorly: My earlier trades lacked proper execution, especially in reading the tape for FEED and GITS.
Trading grade: B- for the ability to recover with ELPW but lacking consistency in earlier trades.
Looking forward to tomorrow; need to tighten up that execution.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
ELPW 13:46:30 – 14:38:02 — P&L $+2625.53
ELPW 12:25:00 – 13:24:49 — P&L $+981.97
ELPW 12:24:41 – 12:24:46 — P&L $-510.60
FEED 10:20:06 – 10:23:19 — P&L $-1255.27
GITS 09:57:21 – 10:12:31 — P&L $-851.45