2026-02-17 · 4 min read
A qualitative run-through of every trade from 2026-02-17: setups, thought process, and outcomes.
Today, I found myself navigating a market that was a bit choppy, with action concentrated in the technology and industrial sectors. OLB and GVH were particularly interesting, both showing notable volatility and trading volume. OLB, in the tech sector, had a low float and high relative volume, which often indicates potential for rapid moves. Similarly, GVH, despite being in the industrials, also had a low float and was trading with significant volume.
I executed five trades today, with three winners and two losers, ending the day with a small profit of $379.85. While it was a solid day overall, it felt like the market was a bit unpredictable, making it challenging to hold positions for extended periods.
I took a long position in OLB as it bounced off VWAP. The entry was near the VWAP level, and I was looking for a reclaim to push higher. The tape showed buyers stepping in, holding the bids, and I was confident in the setup. I exited for a gain as it pushed up, with my best exit coming at $4.25 and an average exit around $4.15. The name initially traded well, moving up to $4.30 before encountering seller pressure that forced me to take my profits.
Next up was GVH, where I looked for a washout long after a sharp drop. I entered as it showed signs of reversal, but the trade didn't play out as I anticipated. I cut the position as sellers were aggressive, and I exited for a small loss, getting out around $3.90. The tape was choppy, and although I had hoped for a bounce, the sellers kept pressing down, making it tough to hold.
The third trade was another chance at OLB, where I took a smaller position after it showed some strength above the VWAP again. The bids were holding up nicely, and I felt there was room for more upside. I managed to exit this trade for a decent profit, with my best exit at $4.40 and an average exit around $4.30. It was encouraging to see the follow-through on this name after my earlier trade.
My last trade was on GVH again, where I tried to catch a bounce after a pullback. Unfortunately, it turned out to be a bit of a trap as it failed to hold the support level. I cut this trade quickly for a small loss as well, exiting at $3.80. The sellers were staying heavy, and I didn't want to give back any more on this name.
Overall, I felt like I had a good read on OLB, and the trades I took there were solid. However, I could have been more decisive with GVH, particularly on my second attempt. The tape action was telling me to be cautious, and I should have respected that more.
What I did well: I executed well on OLB, recognizing the right entries and exits.
What I did poorly: I hesitated too long on GVH, which led to unnecessary losses.
Trading grade: B — Solid execution on the winning trades, but I need to improve my handling of the losing positions.
Looking ahead, I'll keep an eye on the tech and industrial sectors for more potential setups.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
OLB 09:40:20 – 09:41:41 — P&L $+196.78
OLB 09:38:36 – 09:39:33 — P&L $-28.27
GVH 09:31:34 – 09:31:53 — P&L $-28.81
OLB 08:38:10 – 08:39:48 — P&L $+144.75
OLB 08:31:07 – 08:31:34 — P&L $+95.39