Day 15 Trading With Ricky

Day 15

Apologies for the delay in reaching out today. My little one kept me awake all night, making me feel a bit tired, which affected my trading performance. However, I made a conscious effort to trade cautiously in light of my fatigue. The market was highly volatile today, and even experienced traders like Ricky emphasized the need for quick scalping to enter at the right time.

This week, I decided to increase my trading size to $100-$200, considering my successful performance with paper trading over the past month. My strategy is to gradually scale up my position size to avoid emotional challenges as I expose more money to risk. I believe this approach will enhance my risk tolerance over time.

I also discovered that when transferring money to ToS (Thinkorswim), I can only trade stocks priced above $2, and these trades must be limit orders until the funds settle in the account. Unfortunately, this restriction affected my trade with ADVM today. Nevertheless, I see it as a sign and will learn from the experience.