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Daily Journal

Jul 10, 2026: a small red day, -$20, on StablecoinX

By James · Friday, Jul 10, 2026 · ~2 min read
#USDE #ELAB #SPCE #redday #micro-caps #journal
-$20 realized today · running day-trade P&L below

Some days are just a grind. I worked my usual movers and ended within a rounding error of even.

USDE bit me

I worked USDE (StablecoinX), in around $2.03 and out around $2.04 across 13 prints on 3,000 shares, for a -$78 hit.

I don't mind losing on a clean read. What stings is letting a single name run bigger than any of my winners. That's a discipline problem, not a market problem.
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Catching ELAB

I worked ELAB (PMGC Holdings), in around $1.26 and out around $1.29 across 5 prints on 2,000 shares, for a +$63 win.

SPCE: where it went wrong

I worked SPCE (Virgin Galactic), selling into ~$2.57 across one print on 950 shares, for a -$47 hit.

Also on the tape

Smaller pieces that netted into the day: HODO +$42.

Add it up and it was a -$20 day. That puts my running total for this stretch at -$38. I'll reset, size down, and try to give it back slower than I lost it.

Disclaimer: This is a personal trading journal documenting my own trades and opinions. It is not financial or investment advice, and nothing here is a recommendation to buy or sell any security. Day trading, especially in micro-cap and leveraged products, carries a high risk of loss, and most active traders lose money. Figures are reconstructed from my brokerage statement, net of fees. See the full disclaimer.
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