2026-08-20 · 4 min read
Session edge, AI coach verdict, and running P&L for 2026-08-20.
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) | 64 | −$5446.68 | -6.69R | -0.105R | 35.9% | 0.40 |
| − single best + single worst | 62 | −$4018.79 | -4.94R | -0.080R | 35.5% | 0.43 |
| − top 4 + bottom 4 (≈5% each tail) | 56 | −$3229.27 | -3.97R | -0.071R | 33.9% | 0.34 |
Trimmed trades: Single best + single worst — removed IPST +$643.29 (best) · PCLA −$2071.19 (worst). Top 4 + bottom 4 — removed 4 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
None of today's ten tracked runners were in your fills, so the day has to be judged entirely on execution across 64 positions rather than on capturing a specific move — and the results were weak on their own terms: net -$5.45k, a 35.9% win rate against a 46.0% baseline, and a profit factor of 0.40. Today's biggest offered moves were MMA (+91.5% to a $0.95 high at 10:10am, holding just 15% into the close) and SGLY (+82.9% premarket to $8.43 at 7:01am, then giving it all back and closing 31% below the open) — both were available to be traded and neither appears in your fills, so the opportunity cost of the day sits with two extended movers you sat out entirely, not with a stock you mishandled.
The one material trade of the day was PCLA, a long taken at 2:22pm that lost $2.07k on -2.54R — by itself accounting for more than a third of the day's net loss. Outside that single position, the other 63 fills were small, sub-1R trades that averaged a $159.58 win against a $222.36 loss, a 0.72:1 reward-to-risk ratio that meant even a near-even split of wins and losses would still bleed money, and today's 35.9% win rate on that ratio did exactly that.
This wasn't a day where big offered moves were traded lightly — it was a day where the moves worth having weren't touched at all, and the trading that did happen was high-volume, low-conviction, and lost money on the ratio alone.
Across the last week, the pattern in what holds versus what bleeds is fairly stark on catalyst-driven names with reverse splits or heavy premarket action: SGLY, TRUG, WETO and RITR all show up multiple times in the trailing set with pctOfMoveRetained deeply negative — RITR at -46%, LOOP at -56% on 8/20 and 0% on 8/19, HUIZ collapsing to -111% after an 8:24am high. In contrast, the names that held the most ground — PFSA at 78% retained after a 272% move on 8/18, XOS at 71% on a smaller 36% move — tended to make their highs later in the regular session (11:22am, 4:57pm) rather than in the pre-market hours where SGLY (7:01am), RITR (4:18am) and LOOP (4:00am) all topped out.
None of today's fills touch any of these names directly, so this pattern is descriptive of the broader environment rather than a fit-test for your day's trades — but it does underline that the two biggest moves you skipped today, MMA and SGLY, both made their highs early (10:10am and 7:01am) and both gave back the bulk of the move by the close, consistent with the fader profile rather than the holder profile this week has shown.