Day 30 Trading with Ricky

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.