Chapter 2 Trading journal #90–05/17/2019 — $8
$MNTB -$3
Didn’t want to hold above 1, but at some point started to soak without showing any offers and I got in against above 1.
In the hindsight — the volume was not enough, should have not touched it.
PTN -$3
I was watching the stock from the dead bottom. All the way up — there was a buyer. He would flip all the offers on the way up.
At around 56s area I thought he was gone, as the pattern changed: no one was selling, all the prior prints were green — there was no one to squeeze, and volume dried up — I took a starter.
The stock retraced so much from the bottom was holding above VWAP, and caught up with the MATA — I believed the stock balanced out and there is no more downside anymore. didn’t take
IMGN -$3
OTLK 0
Read next: Chapter 2 Trading journal #91–05/20/2019 -$57
Read main Chapter 2 “Peter, you have to start putting green days on”
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