2026-03-03 · 4 min read
A qualitative run-through of every trade from 2026-03-03: setups, thought process, and outcomes.
The day started with NPT, which was on my radar due to its volatility and recent gap. I took a short position at 6.76 as it looked to reject the initial strength, but it quickly reversed, pushing me out at 7.48 for a loss. The tape showed aggressive buying right after my entry, with bids holding firm above the 1m9 level. This led to a steep run up, and I had to cut that position quickly. I followed up with another short at 7.06, hoping for a similar fade, but again, I faced the same issue. I exited at 7.38, capturing a little less of the loss but still down on the name overall. Sellers were aggressive, but the buying pressure overwhelmed my expectations.
After getting burned on NPT, I shifted gears and focused on MOBX, which was showing signs of a potential recovery from a recent pullback. My first entry was at 0.6020 as it reclaimed VWAP after a brief dip. The stock had flushed down, then bounced back, which set up nicely for a sub VWAP trap. I exited that trade at 0.6440, seeing strong bids coming in, and it felt like the momentum was building. The tape showed a lot of buying interest, which helped propel the stock higher.
I went back to MOBX later in the day for a follow-through trade at 0.7148. It had broken above recent highs, and I was looking for continued strength. I exited at 0.7460. The stock held its gains well, with buyers stepping in and pushing price upwards. This was a solid move, and I felt like I was catching the right wave this time, as the stock had built a base and was ready for the next leg up.
Continuing with MOBX, I took another scalp at 0.7714. The name had shown resilience, and I was looking to capitalize on the momentum. I exited at 0.8097. The action was choppy but had enough strength to keep my trade profitable. I was watching the bids holding up, which gave me confidence that the trend would continue.
In the late session, I made another solid move with MOBX, entering at 0.8157. It was still pushing higher, and I managed to exit at 0.8586. The stock had been on a tear, and I was looking for that continuation. The buying pressure was evident, with offers getting out of the way, allowing me to take advantage of the upward momentum.
My final trade on MOBX was a bit more aggressive, entering at 0.8818. I was still feeling the flow of the name, and it did not disappoint. I exited at 0.9560, hitting my best exit of the day. The stock continued to push, and I was able to ride that wave until it showed signs of stalling. The tape was strong throughout, with consistent buying and a lack of aggressive selling.
What I did well: I identified the recovery in MOBX and capitalized on the momentum shifts effectively.
What I did poorly: I misread NPT's strength and didn’t adjust quickly enough after my initial shorts.
Trading grade: B — Solid execution on MOBX trades, but the early losses on NPT impacted my overall performance.
Looking to refine my entries further tomorrow.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
MOBX 14:45:34 – 14:46:49 — P&L $+519.45
MOBX 14:40:34 – 14:43:34 — P&L $+418.81
MOBX 13:48:04 – 13:50:51 — P&L $+372.98
MOBX 11:29:46 – 11:34:11 — P&L $+407.07
NPT 09:32:50 – 09:35:57 — P&L $-360.37