Paperish Trading with Ricky Day 13

TRADING JOURNAL

1/30/20241 min read

Day 13

For the past three trading days, I have opted for trading single shares on ToS instead of paper trading on Webull, my previous platform. I've made this switch because I intend to commence using real money from February onwards, as I am now more confident in the effectiveness of this strategy, which has shown positive results in terms of profits.

During this week, I am trading single shares to iron out any issues and ensure that everything is set up to my liking before scaling up. Additionally, I am using this time to familiarize myself with the platform I plan to use, which is different from the Webull paper trading I've been accustomed to. This explains the deviation from my usual trading rules and the higher number of trades. I was testing ToS, examining how orders were filled, evaluating the usability of the buttons, and so on. I documented each transaction to maintain transparency, especially for new traders.

Moving forward, for the remainder of the week, I will revert to adhering strictly to my established rules and approach trading more seriously (still only using single shares until February). I believe I have addressed any concerns and refined my strategy. This is why I didn't journal yesterday, as my focus was primarily on understanding the new platform. Today, I made two substantial trades, both of which I have documented and will share in this post.