2026-03-13 · 4 min read
A qualitative run-through of every trade from 2026-03-13: setups, thought process, and outcomes.
Day P&L: $-1070.48 | Total R: -3.57R
I was looking at BIAF right from the open, and it quickly became the focus of the day. The stock had a massive gap of over 67% and a super low float of just 4.42 million, which set the stage for a volatile session. I took my first position at 1.82989 and sold into the strength at 1.8510 for a quick gain. The tape was lively, and it felt like there was solid buying interest right away.
The next few trades in BIAF had a similar rhythm. I rode the momentum with entries around 2.116 and 2.2799, both of which worked out nicely. The stock was bouncing around, but the overall trend was strong, and I felt good about my reads. However, I hit a snag when I chased it up to 2.3697 and got caught in a pullback that took me down about $84.96. I should have read the tape better; the selling pressure was evident, but I ignored it in the heat of the moment.
As I was trying to navigate the BIAF trades, I got a little greedy. I took multiple entries as it squeezed back up, but I let my losses start to pile up when I entered too aggressively without proper confirmation. The stock was volatile, and while I caught a nice bounce at 2.3696, the subsequent trades at 2.5999 and 2.5200 turned into larger losses. That was a lesson in risk management; I should’ve cut those earlier instead of trying to hold on for a reversal.
Moving on to MEHA, I was looking for a washout long after it dropped sharply. I entered at 0.2876 and exited for a small win, but then got caught again on a subsequent entry at 0.3014 and took a bigger loss. The stock had a low float of 15.44 million, but the movement was choppy, and I let my frustration guide my decisions. I should have acknowledged the lack of momentum and scaled back my size instead of trying to force trades.
AIFF came into play next, and I made a small profit on one of the trades, but overall, it was another instance of not respecting the tape. I entered at 2.5399 and was able to exit with a small gain, but the price action was erratic. The sector was buzzing with healthcare stocks, but I could have been more selective with which names I traded.
As I shifted to CSTE, I was still feeling the pressure from my earlier mistakes. I took three trades in a row but ended up with losses each time. The stock was just too weak, and I was trying to catch a bounce when it was clear the sellers were in control. It was another reminder that sometimes it’s better to step back rather than force a trade.
By the time I got to ELPW, I was already feeling the weight of the day. I entered at 5.41 and quickly exited at 5.1362, taking a hefty loss. The momentum just wasn’t there, and I should have recognized that the action was concentrated elsewhere. I was overtrading and not focusing on the best setups.
What I did well today was capitalize on the early momentum in BIAF. I executed some good scalps and caught the initial moves. However, I struggled with risk management and letting losses stack up on trades that weren't working. I also didn’t respect the tape as much as I should have; I was chasing trades instead of waiting for clearer setups.
Trading grade: C+. I had a decent start with BIAF, but I lost focus and let my losses accumulate, which hurt my overall performance.
Tomorrow’s takeaway: I need to focus on quality over quantity. It’s essential to be patient and wait for the right setups instead of forcing trades just to stay active. Keeping my risk in check will be crucial moving forward.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
ELPW 12:32:38 – 12:45:16 — P&L $-409.20
Entry $5.41 — Exit $5.14 $-409.20
MEHA 10:28:44 – 10:37:38 — P&L $-304.07
Entry $0.30 — Exit $0.29 $-304.07
BIAF 10:16:04 – 10:25:53 — P&L $-181.54
Entry $2.52 — Exit $2.49 $-181.54
BIAF 09:51:09 – 09:53:26 — P&L $-138.60
Entry $2.37 — Exit $2.33 $-138.60
BIAF 09:56:08 – 10:00:50 — P&L $+137.05
Entry $2.37 — Exit $2.40 +$137.05