Daily Report Card
DRC · 2026-07-06
Daily Grade
B
Goals
When account is up, size DOWN — and cap Idea Trade at C-size, one open at a time.
Aggression
1
2
3
4
5
6
7
8
9
10
Reminder
Long-term: Conviction-to-size link — when account cushioned by de-risked runners, size DOWN on new probes, especially Idea/scalp buckets (standing goal: Idea Trade C-size, one at a time).
Daily Journal
LUCY
B
closed
C / B
Chart
Entry $1.13
Stop $1.19
Target $1.00
—
closed
Notes
I can't really quantify in one entry and stop for this as this has multiple entry scalp
1. Shorted the vwap continuation
2. Stopped out
3. Long the fashionably late
4. Saw that big death candle so I stop and flip short as a vwap continuation
5. Stop out
Reflection
What I did well
Stopping out and not playing more than 3 times on my lousy scalp.
What I learned
I don't like the whipsaw I'm getting in this. Even though I size way smaller like 0.1% risk per trade and even lesser. The total damage is akin to a 0.3% risk because of 3 times got stopped out and whipsaw in range. Executed my edge using vwap continuation. Flip to FSL cause I saw a buyer pushing on the tape. The buyer drop and the stock rugpull only to get back to HOD. I guess this is part of the losing during trading. Don't feel good though emotionally. Feels like this could all be avoided.
Actionable takeaway
Limit my shorting of small caps strategy.
Misc
-
AI Review
LUCY small-cap scalp cycle followed plan — took VWAP Cont short, honored stop, tried Fashionably Late long, flipped short on death candle, stopped. Sized tiny (0.1% per) and cut on rule, no revenge round 4. Process clean, tape whipsawed him.
- Scalp cap holds — 3 pokes = done, no round 4.
- Small-cap short = smallest sliver of book; strategy on watch per own takeaway.
- Whipsaw sting is data, not verdict — no size revenge tomorrow.
- Big book de-risked runners = edge working; don't touch UNH/TWLO/FROG/SNOW/OKTA out of boredom.