2026-02-24 · 3 min read
A qualitative run-through of every trade from 2026-02-24: setups, thought process, and outcomes.
The day started with some volatility in the financial services sector, particularly with EZRA, which was showing strong relative volume and a significant gap at the open. I was looking to capitalize on any momentum plays, especially given the increased interest in the insurance brokers' space. The action was choppy, but I decided to take a few trades to navigate through the volatility.
I executed a series of trades throughout the day, but none of them hit the thresholds for major wins. My entries were based on setups like the gap and go and VWAP reclaim, but the execution just wasn’t as tight as I would have liked. I found myself in a few positions where the tape was indicating a lack of real conviction, which made it tough to hold for a follow-through.
EZRA was particularly interesting. I took an entry after it gapped up and initially showed strength. However, it quickly turned into a fade, and I exited for a minor loss. The bids were staying heavy, and it was clear the momentum wasn't there. I had expected a quick reversal, but the stock continued to struggle, leading me to cut my position before it got worse.
I also tried my hand at AMDL during a VWAP bounce. The initial entry seemed promising, seeing some bids holding up, but it couldn't sustain the move. After a brief spike, sellers came back in aggressively, and I had to take a small loss. I felt like I was chasing the trade a bit, and the tape didn’t support the move I was hoping for.
Throughout the day, I was aware of the breadth of the market, with many names in the financial services sector moving in tandem. However, I didn’t capitalize on this as effectively as I could have. I was more reactive rather than proactive, which led to missed opportunities.
In terms of execution, I did well to cut losses quickly when the tape turned against me. I didn’t hold on to any positions for too long, which is a positive takeaway. The challenge was in finding the right entries as the market shifted, and I wasn’t able to align with the momentum effectively.
What I did well: I cut losses quickly and didn’t let any trades run against me.
What I did poorly: I struggled to find solid entries amidst the chop and didn’t capitalize on the broader market moves.
Trading grade: C+ — my reads were off, especially in execution, which led to missed opportunities.
Tomorrow's a new day, and I’ll be looking to refine my approach.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
AMDL 10:17:11 – 10:23:19 — P&L $+176.87
AMDL 10:16:05 – 10:16:30 — P&L $-180.20
AMDL 10:14:48 – 10:15:27 — P&L $-100.20
AMDL 09:49:58 – 09:51:10 — P&L $+199.73
AMDL 09:42:32 – 09:42:48 — P&L $-140.20