2026-03-23 · 2 min read
A qualitative run-through of every trade from 2026-03-23: setups, thought process, and outcomes.
Schedule note (through 4/1): I'm writing from Japan. The US market opens around 10:30pm local, so I mostly trade premarket and roughly the first hour of the regular session before wrapping up — I generally miss whatever develops later in the day.
This was a max-loss day (-5.66R), and the biggest mistake was pressing low-quality setups in a choppy tape. I didn't manage the session well enough early, and the damage came from getting stubborn on names that weren't setting up cleanly.
TOVX: gapped up early, then the follow-through didn’t stick. I had low confidence on it and tried to play the action without pushing too hard.
UGRO: gapped up early, but it turned into a choppy back-and-forth. I stayed light and didn’t lean on it once it stalled.
GMEX: gapped up early and it faded. I stayed light and waited for cleaner conditions.
AHMA: Long at $7.83 after chasing it higher because I thought it would keep going, then cut at $7.06 near the lows when it failed and sellers stayed heavy.
MGRX: moved early, then the follow-through didn’t stick. I had low confidence on it and tried to play the action without pushing too hard.
What I did well:
I did stop once I hit max loss, and I kept trying to stay process-focused even when the tape was not clean.
What I did poorly:
I chased entries that were too extended and gave too much room before accepting that the setup was failing. On max-loss days I need to cut risk faster and stop pressing once the read is clearly off.
Trading grade: D — clear max-loss day; poor reads and bad location on the key loser outweighed everything else.
Closing thoughts:
The mistakes today were obvious and adjustable — mostly chasing and holding too long when setups were already failing. Next session I need to clean that up and execute with tighter risk so I don't repeat the same errors.