Day 30 Trading with Ricky
TRADING JOURNAL
3/10/20241 min read


Day 30
Today marked another day of chasing green candles for me. I've been finding it increasingly difficult to resist jumping into trades without waiting for a pullback, especially when the volume is surging. Take today for example: the ticker symbol CERO surged past the VWAP, and the dominator indicator signaled strong green candles. Acting swiftly, I entered and exited trades without even glancing at my profit/loss figures. Instead, I closely monitored the candle movements and decided to sell once signs of weakness emerged, such as the formation of a long wick on top. I repeated this strategy twice on the same stock, managing to scalp a quick 4% profit total. Although this fell short of my 6% goal, I made a conscious decision to shut down my computer after this success. I realized that I had slipped into a gambling mindset by disregarding my trading rules and succumbing to the allure of chasing green candles.
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