What does your morning trading routine look like?

In my experience, many traders walk into the trading day without the proper preparation and intentions.

The result is a trader who is unfocused, distractable, and lacks priorities.
Starting the day with an effective daily routine will create the tone and expectations for your trading day.In my opinion, the ideal trading routine consists of a combination of intentions that are both externally and internally focused.

Rather than give a number of prescriptions let me share a number of directed questions which you can use to better craft your trading routine.

Post these questions somewhere prominent and review them regularly.

Credits to Stockbee for these thoughtful questions.

  • What is your trading plan this morning?
  • Have you done the work necessary to be ready for trading today?
  • What are 3-5 core researched opportunities you have identified?
  • What method is your primary focus for the next 2 hours after the open?
  • What kind of mindset is required to execute that plan?
  • What is the likely outcome if the plan and market align?
  • What is the likely outcome if the plan and market do not align?
  • What should I observe about myself and the market so that I am aligned with market and not miss an opportunity?
  • What should I observe about myself and the market to warn me about my alignment with the market?
What questions set you up for success?
Have a good trading week and happy trading!

What does your morning trading routine look like?

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