2026-03-04 · 4 min read
A qualitative run-through of every trade from 2026-03-04: setups, thought process, and outcomes.
VCIG was the name that caught my attention first thing today. I saw it gapped up significantly and was moving with strong momentum. My first entry was at 28.30, and I was looking for that parabolic squeeze. The tape was showing solid support, and the bids were holding up nicely. I exited at 29.65, with a best exit at 32.18, netting me a gain of $384. The stock moved aggressively, and it was nice to see the follow-through after my entry.
After that, I turned my focus to ADVB. I entered at 7.40, hoping to catch a bull flag setup. However, the tape quickly shifted, and sellers were aggressive, pushing the price down. I cut my position at 6.85, taking a loss of $503. The stock just didn’t have the strength I expected, and I misread the buying interest.
I jumped back into VCIG again at 17.06, looking for a washout long. This one didn’t play out as planned either. I saw some initial buying but then the sellers came back in, and I had to exit at 16.28 for a loss of $324. The tape was choppy, which made it tough to hold the position.
I tried another washout long in VCIG at 15.76, but again, sellers were staying heavy, and I exited quickly at 15.26, taking another loss of $305. It was a frustrating sequence, but I still felt the potential in the name.
I stayed with VCIG and took a long at 15.77, which finally worked out. The stock bounced back nicely, and I exited at 16.28, making $310. This time, the buyers showed strength, and it felt like the stock was reclaiming some momentum.
Then I switched gears to ASNS, entering at 0.6210 with a sub VWAP trap setup. It was a solid trade, and I managed to exit at 0.6748 for a profit of $550. The tape was supportive, and it showed good follow-through after my entry.
However, I quickly turned back to the same name, ASNS, entering at 0.6990, looking for another sub VWAP trap. Unfortunately, I misjudged the momentum, and the stock faded quickly, forcing me to exit at 0.6459 for a loss of $1,145. The tape was not cooperating this time, and I got caught in the wrong direction.
After a couple more attempts at ASNS, I was in and out of positions but couldn’t find my footing. I entered at 0.6283 and exited at 0.6157 for a loss of $361, and again at 0.6716, exiting at 0.6564 for another loss of $325. Sellers were aggressive, and the stock wasn’t holding its levels.
I finally found some relief with MOBX, entering at 0.9742. This was a quick scalp trade, and I managed to exit at 1.02 for a gain of $400. The action was fast, but the tape showed solid buying interest, and I capitalized on that.
Later in the day, I took another long in ASNS at 0.5670, which turned out to be a solid bull flag setup. I exited at 0.5871, making $307. It was nice to finish on a positive note after a challenging morning.
What I did well: I executed well on my initial entries in VCIG and ASNS when the setups were right.
What I did poorly: I mismanaged my risk on the subsequent trades in ASNS, leading to larger losses.
Trading grade: C+ — struggled with reading the tape on the latter trades but executed well on initial entries.
Looking forward to better reads tomorrow.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
MOBX 12:27:31 – 12:29:19 — P&L $+400.32
VCIG 10:13:59 – 10:19:18 — P&L $-474.50
ASNS 10:03:55 – 10:04:48 — P&L $-1144.68
ASNS 09:54:45 – 09:58:35 — P&L $+549.86
ADVB 09:12:34 – 09:15:45 — P&L $-503.25