Daily Journal

Aug 3, 2026: Edible Garden dug a -$756 hole

By James · Monday, Aug 3, 2026 · ~2 min read
#EDBL #FCUV #SKHZ #redday #leveraged #journal
-$756 realized today · running day-trade P&L below

The routine doesn't change, but the result sure does. I ran the same pre-market playbook I always do, and today it bit me.

EDBL: where it went wrong

I worked EDBL (Edible Garden), in around $2.98 and out around $2.92 across 49 prints on 5,000 shares, for a -$327 hit.

The math of this is simple and it keeps finding me: my small scalps are fine, but one oversized loser erases a stack of them. Size is the whole game.

FCUV bit me

I worked FCUV (Focus Universal) — which was ripping on its AI forms-engine launch and ran into the teens. I was in around $16.09 and out around $14.61 across 6 prints on 200 shares, for a -$296 hit. Read: 60 round trips in one morning, and the $707 it cost me →

The SKHZ mistake

I worked SKHZ (1x Short SK Hynix ETF) — the inverse SK Hynix ETF that pays off when the stock falls. I was in around $14.02 and out around $13.77 across 9 prints on 300 shares, for a -$75 hit. Leverage is a double-edged sword and today it swung at me — these daily-reset funds double the pain just as fast as the gain. Read: why a 2x fund can lose money even when your direction is right →

Also on the tape

Smaller pieces that netted into the day: BATL -$36, SPCE -$22, SKHU +$0. Read: the position I did nothing with for six weeks, and what it paid →

Add it up and it was a -$756 day. That puts my running total for this stretch at -$1,719. I'll reset, size down, and try to give it back slower than I lost it.

Keep reading

Next session
a small red day, -$53, on ProShares Ultra SK Hynix

Day-trading journal for Aug 4, 2026: -$53 on SKHU, SPCE, SKHZ. Running total -$1,772. -$53

Previous session
July 31, 2026: FCUV chopped me up — but KPTI's crash closed the gap

Day-trading journal for July 31, 2026: 60 FCUV scalps netted -$410 as it ran to $17, offset by a… -$184

More $EDBL
ProShares Ultra SK Hynix led a +$351 day

Day-trading journal for Jul 27, 2026: +$351 on SKHU, EDBL. Running total +$90. +$351

Analysis
The quarter that actually worked: April–June 2026

My first quarter of trading, reconstructed from the statement: +$4,323 across 91 trades. Two… +$4,323

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.