We’re jumping into a new trading week so I want to touch on an important factor of success that too many traders overlook…
And the start of a new week is the perfect time to start implementing it.
I know everyone has their own routine in the morning, and maybe you’re limited by your schedule of getting ready for work and getting kids off to school…
But today I want to share my personal routine that’s been a game-changer for my day-trading success.
You don’t have to follow it exactly, but pay attention because this foundation can level up your trading game too…
Mark your calendars for my big reveal this week! If you’re a part-time trader — you don’t want to miss it!
Critical Steps For Your Morning Routine
I’ve followed this morning routine for the last 12 years of my trading journey, and each step is important for specific reasons. So don’t try to cut corners…
If you want to be the best, you have to act like the best.
Rise and Shine Early: Get the Jump on the Market
Getting up early might not be your favorite thing, but trust me, it’s worth it!
I’m up at 4:30 a.m., and yeah, it’s tough, but Jocko Willink’s quote, “You want to be up before the enemy,” hits home.
When you’re up before other traders, you feel that energy, that edge, and you’re ready to rock the day.
So set that alarm, and be ready to take on the market!
Get Moving: Boost Your Brain Power
Once you’re up, don’t just laze around. Get that body moving!
Exercise is like a secret sauce for your brain, trust me. It boosts creativity, and in trading, you need all the creative juices flowing. It keeps you sharp and can help you with decision-making and problem-solving.
Whether you do a hard workout or just go for a stroll — wake up that brain and get ready to make smart trading moves.
Fuel Your Body: Breakfast Matters!
Don’t make the mistake of skipping breakfast — it’s a big deal.
But quality matters. Don’t just grab sugary stuff like donuts and cereals, they’ll mess up your energy game.
Go for a good breakfast with protein and veggies. You need that sustained energy to tackle the trading world ’cause, believe me, some days you’ll be at it all day.
Keep that energy up and running.
Research and Stay Sharp
Once I’m done with my workout and breakfast, I like to read up on financial news like The Wall Street Journal and Bloomberg. I also scour the Breaking News Chat for relevant news and press releases.
Know what’s happening so you don’t get hit with surprises later…
Check out press releases, research filings, and stay informed to help you spot opportunities.
It’s like having a treasure map – you gotta know where to dig for those golden trades!
Create Your Trade Plans: Be a Pro
Once you’ve done your research, use it to make solid trade plans.
Know your support and resistance levels, and which patterns you want to look for.
Write down your key levels and plans to help you stay focused and disciplined when the trading gets real.
Pros have plans. If you want to be a pro, act like one.
Execution Time: Let’s Do This!
When the market opens — it’s go-time!
Stick to your plan and be ready to execute your trades when you see your signal.
Remember, it’s not always gonna be easy, but hard work pays off.
Stay disciplined, trust your research, and stick to your plans. Don’t let emotions rule you.
And stay positive — you’ve got this!
Use my morning routine and take care of your body and mind. It all works together to help you level up your trading game.
Now you’re ready to take on the day with confidence and excitement!
If you want more guidance, get my trade opinions and plans three times a week with my market update videos.
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade