Daily Trading Report — 2026-02-04

2026-02-04 · 4 min read

A qualitative run-through of every trade from 2026-02-04: setups, thought process, and outcomes.

Running P&L for 2026-02-04

Day P&L: $+2020.69 | Total R: +5.26R

The morning kicked off with FEED, which had some buzz due to its low float and healthcare sector ties. I took a stab at a bull flag setup, entering at 3.40 after it initially perked up. The execution felt solid, but the stock barely moved before I took a small gain of $0.33. It was a quick trade, but it set the tone for the day—nothing too exciting yet.

Next, I tried to catch a washout long on FEED again, entering at 3.41 after it dipped. The intention was good; I thought I could catch an oversold bounce. But it quickly faded, and I ended up losing about $58. This trade taught me a lesson about not forcing a play when the momentum isn’t there. FEED was struggling to hold above that VWAP, which should have signaled caution.

Then came my first real win with FEED, where I caught a sub VWAP trap. I entered at 3.47, and the stock finally responded, pushing up to 3.55. I locked in a $386 gain here, which felt like a well-timed move. The tape showed some strength, and I was pleased with how it reclaimed that VWAP level, indicating a shift in sentiment.

After that, I pivoted to SNDK for a quick scalp, entering at 629.40. The stock moved nicely, and I exited at 631.36 for a small win of about $97.85. SNDK was trading well, and I could see it had some momentum, so this felt like a good choice.

The real highlight of the morning was ELPW. I entered a 5-minute opening range breakout at 1.91 and it rocketed to over 2.09. That trade netted me $1,517, which is a nice chunk of change. The volume was solid, and I could tell the market was hungry for this name. ELPW had a low float and a good rvol, making it ripe for movement.

I continued to ride the ELPW wave, entering again at 2.22 for a sub VWAP trap that worked out nicely, netting me another $300. The stock was holding above VWAP, showing that it had strong buying interest.

However, I got a bit greedy. I started taking multiple sub VWAP trap trades on ELPW in quick succession, and they didn’t pan out as expected. I lost on a couple of them, totaling around $300 in losses. The stock was showing signs of fatigue, and I should have recognized that instead of forcing more trades.

After some back-and-forth with ELPW, I shifted my attention back to SNDK for a quick short. I entered at 632.70 and caught a nice drop, exiting at 625.73 for a profit of $278.77. This trade reminded me that the shorts can still work when the momentum shifts.

The day took a turn for the worse when I tried to catch a scalp on ZCMD. I entered at 0.84, but the stock immediately reversed on me. I ended up taking a hit of about $341.08. It was a reminder to stick to what I know; ZCMD was outside my usual radar, and I should have stayed focused on the names I was more familiar with.

In the last part of the day, I went back to SNDK for another short, entering at 621.78. This one worked out well, and I exited at 620.24 for a gain of $230. It was a nice way to wrap up the trading session.

What I did well today was recognizing strong setups, particularly with ELPW, and capitalizing on them. I was patient with entries on the better trades and scaled up when I saw the action.

On the other hand, I overtraded on ELPW towards the end, forcing too many sub VWAP traps when the momentum was fading. I let my desire to capitalize on a strong name cloud my judgment, which led to unnecessary losses.

Trading grade: B+. My entries were mostly clean and I had solid winners, but I gave back too much on those revenge trades and should have exercised more discipline.

Looking ahead, I need to remember to take a step back when things get choppy and not chase trades just because I see potential. I’ll focus on maintaining discipline and sticking to high-probability setups tomorrow.