Paper Trading with Ricky Day 8

Day 8

Main Point: Ricky focused on testing a new tool he developed. I think it works well in the current slow market, especially when used with his scanners and by keeping an eye on different timeframes. If a stock has high momentum (momo) and a strong initial volume spike on the scan, maintaining that high momentum for a while usually leads to a slow uptrend throughout the morning. Other factors like news can also boost the stock. This might be a good strategy for slow markets with few traditional pullback opportunities.

In a different topic, I find webull paper trading unreliable. Orders are executed late, causing missed opportunities. It seems to have bugs, and candle sizes don't match up with "ToS" (Thinkorswim). If anyone knows of a better platform for simulating trades during extended hours, please share.