Daily Trading Report — 2026-02-18

2026-02-18 · 4 min read

A qualitative run-through of every trade from 2026-02-18: setups, thought process, and outcomes.

Running P&L for 2026-02-18

Day P&L: $+535.18 | Total R: +1.52R

The first trade of the day set a tone I didn’t expect. I went long on WGRX at 0.3027, banking on a washout long setup. The stock had been hit hard, and I was looking for that bounce. But it didn’t materialize. I exited at 0.2924, taking a $96 loss. The tape showed a lot of selling pressure, and I should have recognized that early weakness was a sign to step back.

Moving on, I shifted my focus to LRHC. I caught a quick scalp at 2.0663, riding it up to 2.1124 for a solid $183 gain. The volume was decent, and the stock was holding above VWAP, which gave me confidence. I followed it up with another entry at 2.2199, riding a washout long that pushed up to 2.2802, netting another $120.75. The tape felt strong here, and it was encouraging to see buyers stepping in.

I took one more trade on LRHC, entering at 1.94 and exiting at 1.9544 for a smaller gain of $42.52. This one felt a bit choppy, but I was still able to capture that quick move. The momentum was there, and I was glad to ride it out while it lasted.

Next up was RXT. I entered at 0.9741, riding a bull flag setup to 0.9986, picking up $68.46. This one had a nice clean breakout, and I was able to capitalize on the momentum. However, the next trade on RXT was a bit of a washout long that flopped. I entered at 0.9739 and ended up losing a small amount, which was a reminder that not every setup is a sure thing.

I found some rhythm again with RXT, entering at 1.05 and exiting at 1.0963 for a $188 win. The parabolic squeeze setup was evident, and I was able to ride that wave effectively. But then I made a couple of missteps. I jumped back in at 1.12, only to take a small loss. The tape was showing signs of fatigue, and I should have respected that instead of chasing the move.

After that, I tried my luck with SNSE, but it was a rough trade. I went long at 23.79 and got stopped out at 23.025 for a $76.52 loss. This stock had gapped up significantly, but it was clear the sellers were in control. I learned quickly that this was not the day to force trades.

I did manage to recover a bit with a long on SNSE at 26.558, riding it up to 27.6427 for a $108.45 win. This was a classic reclaim of VWAP, and the volume supported the move. I was pleased with my execution here.

In the afternoon, I took a couple of late-day trades on RXT and CDIO. The RXT trade was inconsequential, just a small gain. But I ended on a positive note with CDIO, entering at 2.51 and exiting at 2.5538 for a $39.02 profit. The bull flag setup was clear, and while it wasn’t a massive win, it felt good to close the day on a positive note.

Reflecting on the day, I had a mixed bag of trades. I was aggressive but not always in the right spots, and there were moments where I let the tape dictate my decisions too much.

What I did well: I executed well on my entries with LRHC, capturing solid gains. I also did a decent job of cutting losses quickly on some trades.

What I did poorly: I chased a couple of trades without proper confirmation. I also allowed myself to get caught in the emotion of the day, which led to unnecessary losses.

Trading grade: B+. My entries were mostly clean, and my winners outpaced my losers, but I gave back too much on a few trades where I didn’t respect the price action.

Tomorrow, I want to focus on sticking to my setups and avoiding the temptation to chase trades that don’t have clear confirmation. Staying disciplined is key.