Daily Report Card
DRC · 2026-08-26
Daily Grade
B
Goals
No small-cap shorts on Day-1 parabolic / halt-and-reopen names unless the tail is bounded — long put, defined-risk spread, or don't play. First Red Day shorts are a separate playbook: allowed in shares with a defined stop.
Aggression
1
2
3
4
5
6
7
8
9
10
Reminder
Long-term: Conviction-size link — narrative pull inflating size on stories; keep sizing off the risk calc, not the thesis.
Daily Journal
ASST
B
closed
— / B
Chart
Entry $21.30
Stop $21.60
Target $15.00
—
closed
Notes
Shorted and breakout even on this. Disgusting price action. no confidence.
PMI
B
closed
— / B
Chart
Entry $9.40
Stop $10.00
Target $7.00
—
closed
Notes
Another disgusting price action. for some reason I hit out early on this on a small loss because the tape is too thin. I will rehit if it changes but it looks ugly. My rehit is a smaller size compare to what I size in initally that is why this is still a small loss.
HUM
B
closed
— / B
Chart
Entry $396.25
Stop $382.50
Target $410.00
—
closed
Notes
Cut this trade. for some reason I've been flagged for a margin call on this trade as this violates my overnight buying power. No idea why but it is what it is. I rather cut it that risking margin call.
Reflection
What I did well
Cutting trades that are not working. Not fighting the price action.
What I learned
Is okay to be wrong. I can always rehit when the thesis is right. Always remember the train ride situation for a stop-loss. The first stop will be the cheapest. The longer you drag the higher the cost you pay so this is always the business model moving forward. I don't want to suck into a trade without stop-loss always even for idea trades.
Actionable takeaway
Reinforcing ideas that work from time to time.
Misc
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AI Review
Three trades, all clean process. ASST + PMI FRD shorts cut fast on thin tape (breakeven + small loss); HUM swing exit was broker-forced (margin-call flag), not discipline break — controllables clean, grade the prevented axis. Reflections nail the edge: first stop is cheapest.
- Thin-tape FRDs — starter + wide stop only, no adds until tape thickens.
- Overnight buying-power sizing on swings — pre-check margin before commit so HUM-style forced cuts don't repeat.
- Rehit rule is working: smaller size, same thesis. Keep it.