2026-07-08 · 3 min read
Session edge, AI coach verdict, and running P&L for 2026-07-08.
Trim Review
How much of today's result was carried by a few outliers? The table recomputes the core session stats with the biggest movers removed. Trimmed rows are colored vs baseline: green = holds most of the move, amber = meaningful erosion, red = collapses or flips sign.
| Scenario | Trades | Net P&L | Total R | E[R] / trade | $ WR | PF |
|---|---|---|---|---|---|---|
| Baseline (all trades) | 59 | −$1282.80 | -2.33R | -0.039R | 46.3% | 0.78 |
| − single best + single worst | 57 | −$1137.42 | -2.06R | -0.036R | 46.2% | 0.77 |
| − top 3 + bottom 3 (≈5% each tail) | 53 | −$1131.87 | -2.05R | -0.039R | 45.8% | 0.72 |
Trimmed trades: Single best + single worst — removed NVVE +$536.30 (best) · NVVE −$681.68 (worst). Top 3 + bottom 3 — removed 3 from each tail (by $ P&L).
Broad-based red session: the loss is still there after trimming the biggest movers — this wasn't one bad trade, it was the whole book tilted the wrong way.
Session verdict
NVVE offered the largest intraday move today — open of $5.14, high of $11.98 at 2:25pm ET (133.1% from the open), closing at $8.40 and retaining 48% of that range. With $348.5M in dollar volume on a 0.5M-share float, it was by far the most active name of the session.
Your long entered at 1:40pm ET with NVVE already trading in the $10-15 range, meaning the stock had moved roughly 95% to 130% above its $5.14 open before you were in the position. The window from that entry to the 2:25pm high was narrow — 45 minutes and a limited price distance — and the drop from $11.98 down to the $8.40 close cost -$681.68, the single largest loss of the session.
The remaining 58 positions produced roughly -$598 collectively, with no individual win reaching a meaningful size. The $5-10 price range returned +$914 across 20 positions, but that was offset by -$895 across 17 positions in the $2-3 range and -$1,360 across 8 positions in the $10-15 range.
Eight other runners today moved between 19.7% and 77.1% from their opens, and you held no positions in any of them — so the day concentrated almost entirely on the one name that offered the most movement, but entered too late in that move to profit from it.
Over the trailing week, 7 runners made their intraday high between 11am and 4pm ET. All 7 retained at least 26% of their open-to-high range into the close, and 5 of the 7 retained 48% or more — every one of those 5 traded over $170M in dollar volume.
In contrast, 13 runners that made their high before 9:30am ET over the same period closed with 11 of the 13 retaining under 20% of their move, most going deeply negative. The split is consistent: afternoon-high runners with heavy dollar volume have held; premarket-high runners have bled.
NVVE at a 2:25pm high and $348.5M in dollar volume fit the holder profile on both counts. The stock was the right kind of name for this week's pattern — the problem was that at 1:40pm with NVVE already doubling from the open, most of the move had already been made.