2026-02-11 · 3 min read
A qualitative run-through of every trade from 2026-02-11: setups, thought process, and outcomes.
QVCGP was the name of the day, showing strong momentum right from the open. My first entry was 4.99, and I was looking for a scalp trade as it was gapping up and volume was rolling in. The tape showed buyers were aggressive, pushing the price higher. I exited at 5.73, capturing a solid move for a P&L of +$570, with an average exit of 5.45.
I jumped back into QVCGP shortly after, entering at 5.44. It continued to show strength, and I was ready to capitalize on that momentum. The stock broke higher, and I exited at 6.32 for my best exit and an average of 6.04, netting me +$811. The tape was supportive, bids were holding well, and it felt like the stock was consolidating before the next leg up.
After a brief pause, I took another long on QVCGP at 5.89. The momentum was still there, and it pushed up again. I managed to exit at 6.38 for a best exit and an average of 6.24, adding another +$362 to my day. The sellers were staying heavy, but the buyers kept stepping in, which made it easier to hold through the slight pullbacks.
I wasn't done with QVCGP yet; I re-entered at 7.23, looking for another quick move. This time, it didn’t have the same follow-through, but I still managed to exit at 8.02 for my best exit and 7.58 average, giving me a +$410 profit. The stock had started to show some choppy action, but the overall trend was still favorable, so I was pleased with the trade.
Later in the day, I turned to NCI, believing I could catch a bounce from a bull flag setup. I entered at 2.59, but it quickly became apparent that the buyers were not stepping in as expected. I exited at 2.49 for my best and 2.36 average, taking a hit of -$683. The tape showed sellers were aggressive, and it became clear I was fighting the trend.
I saw another opportunity in NCI shortly after, entering at 2.65 for a washout long. This one worked out better as the stock rebounded nicely. I exited at 2.84 for my best exit and an average of 2.78, pulling in +$387. The volume picked up, and it felt like a solid reversal was in play.
My last trade of the day on NCI was another washout long at 2.64. I hoped to ride the momentum, but the sellers were still heavy, and I had to cut it at 2.69 for a best exit and an average of 2.54, resulting in a -$311 loss. The price action was choppy, and I didn’t manage to catch the bounce I was looking for.
What I did well: I capitalized effectively on QVCGP's momentum and stayed disciplined with my exits.
What I did poorly: I misjudged the timing on NCI, holding on too long in a weak tape.
Trading grade: B+ — I executed well on the winning trades but let the losing ones linger longer than necessary.
Looking ahead to tomorrow, I’ll focus on maintaining that discipline and being more selective with entries.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
NCI 15:21:26 – 15:21:56 — P&L $+387.06
NCI 15:18:58 – 15:19:53 — P&L $-683.14
QVCGP 10:55:01 – 10:57:51 — P&L $+410.24
QVCGP 10:33:15 – 10:34:04 — P&L $+810.75
QVCGP 10:26:30 – 10:32:02 — P&L $+570.15