Midday Update 2026-04-17: Riding the Morning Wave

This morning felt like one of those rare days where the algo just clicked. We hit 22 wins out of 26 trades — an 84.6% win rate — and banked $178.2 before lunch. Eighteen positions still open and holding. The crypto mining and Bitcoin infrastructure plays were absolutely on fire today.

Session Momentum dominated the scorecard, which makes sense given how clean the opening hour traded. We caught RIOT twice, turning $23.56 on the first entry and another $19.14 on the second. MARA gave us three separate wins ($7.21, $8.84, and $5.71), and CLSK chipped in $7.91. Even the smaller hits add up when you're moving fast and executing tight stops.

Now for the real talk — we took two losses that stung a bit. A short on QBTS cost us $25.80, and we had another QBTS entry that saved itself with an $8.72 win later. Those are the trades that remind us speed and conviction don't equal accuracy every time. Four losses in 26 trades is noise at an 84% win rate, but each one still hurts the P&L.

The afternoon setup looks interesting. We're holding positions across RIOT, MARA, QBTS, COIN, RGTI, and CLSK — all sensitive to Bitcoin movement and broader tech sentiment. The Fed commentary from this morning didn't rattle things too badly, and we're watching for any afternoon dump or renewed strength into the close.

What I'm keeping an eye on: COIN specifically. We're up $24.17 on that long, and with the close still hours away, I want to see if we hold above recent support or if afternoon profit-taking hits. Same with RIOT — two wins before lunch is great, but the third entry could easily reverse if we get volume selling.

Eighteen open positions means we're leaning long right now, which feels right given the morning's direction. If the afternoon stays quiet, we'll scale out. If we get a fresh impulse move, the system should catch it. Either way, the morning reminded us what 80%+ win rate sessions feel like — methodical, profitable, and believable.

More updates after the close.