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Entries in traders routine (1)

Monday

Dec172012

Coaches Corner - Trader's Checklist | Episode #2

December 17, 2012 at 5:12 PM

The Trader's Coach - Robin Dayne

Routines or rituals can help prepare a trader for their trading day by establishing a set of things to do in a specific order. This topic can also help to "set–in" a traders discipline and we all know how important that is towards our overall success.

All those that I have seen trading at the high end, have trading routines that allow them to prepare for their day, be ready when the market opens and keep them mental prepared for whatever the market throws at them.

Those that develop a Trader's Checklist, seem to have an easier time of things, maintain better control and lose less, because of their preparedness. Some even start the night before with the over night sessions. After all, we are now global traders... much different from just 10 years ago.

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