Daily Trading Report — 2026-02-17

2026-02-17 · 3 min read

A qualitative run-through of every trade from 2026-02-17: setups, thought process, and outcomes.

Running P&L for 2026-02-17

Day P&L: $+379.85 | Total R: +1.09R

The morning started with OLB showing strong potential. I saw the initial washout and jumped in at 0.684. The setup felt solid as it had already pulled back significantly and was due for a bounce. I scaled out at 0.717, making a tidy profit of $95.39. The tape was lively, moving quickly through that level with decent volume. It felt like the buyers were stepping in, and I was right to follow that momentum.

Next, I took another position in OLB at 0.94. This time, it was a bull flag setup. The stock had consolidated nicely, and I was looking for a breakout. I got my entry, and it pushed up to 0.9704, netting me $144.75. The action here was telling; the stock held its ground even as the market was choppy. I could see the buyers were persistent, which gave me the confidence to hold through the minor fluctuations.

Things took a turn with GVH. I thought I spotted a washout long opportunity at 1.3158. The stock had dropped sharply, and I figured it would bounce back. However, it didn’t play out as expected. I exited quickly at 1.3088 for a small loss of $28.81. The tape was sluggish, and I should have sensed the lack of buying interest. It felt like I was forcing the trade, which is a mistake I need to avoid.

Following that, I attempted another trade in OLB around 0.8399, this time as a sub VWAP trap. I was looking for it to reclaim VWAP and push higher. However, it faded back down to 0.8372, resulting in another small loss of $28.27. Clearly, the momentum wasn’t there. I should have recognized the weakening tape and cut my losses faster.

I wrapped up the morning session with one last trade in OLB, entering at 0.7150. This was another washout long, and thankfully, it worked out. I sold at 0.7377 for a solid gain of $196.78. The stock showed strength here, reclaiming a key level and pushing through resistance. The volume picked up, and it felt like buyers were back in control.

Overall, the day had its ups and downs. OLB was the star of the show, while GVH was a reminder to read the tape more carefully. The technology sector was buzzing, and I could see a lot of low-float names taking the spotlight, especially with OLB’s impressive rvol. I need to keep an eye on these types of names going forward.

What I did well: I executed my entries on high-probability setups and managed to scale out properly on the profitable trades. I also recognized the strength of OLB and capitalized on that.

What I did poorly: I forced a couple of trades, particularly with GVH, and didn’t cut my losses quickly enough on the sub VWAP trap. I let my bias affect my decision-making.

Trading grade: B+. Entries were mostly clean, and my winners were larger than my losers, but the forced trades hurt my overall performance.

Looking ahead, I need to focus on being more selective and patient with my entries. If the tape isn’t showing the right signals, I need to step back and reassess instead of forcing trades.