Hello Traders.
I got asked last week if I would mind outlining my typical
daily routine. I never thought that would be of any interest to anyone, but
here goes:
I wake up feeling charged and ready for the day at 4:30am…
Ok, not exactly true. My alarm goes off at 4:30am and I lie
in bed for a good couple of minutes thinking about crying and wondering who
sped up time throughout the night. I am most certainly not one of those odd few
who are ‘morning people’.
I drag myself out of bed, feeling pretty annoyed that my
girlfriend is still sound asleep. I step over my dog, who has contorted herself
into an impossible yoga pose and is also fast asleep. Not for the first time I
contemplate sending an email to the London Stock Exchange asking if they
wouldn’t consider shifting their opening time to somewhere around midday.
I start to wake up once I grab a shower, and the coffee
jolts me the rest of the way. I’m at the charts by 5am.
The analysis is done over the next half an hour. I already
have a good idea of what is going on from the previous days trading, so I am
really just looking for overnight changes and what that suggests for the day
ahead. I also spend a fair bit of time picking out the strongest trading levels
for the day, making sure they are the correct ones.
By 5:30am I am putting together the Aud Usd Review for
subscribers and filling in the information on the login page. Between 6am and
6:30am I do the FTSE 100 also and get that all posted up and sent out.
By now it’s around 6:45am. My girlfriend is still snoring.
My dog is still snoring.
I think my dog has picked up my ‘not a morning person’
personality, because the next part of my day is waking her up and taking her
out for her morning walk. There is a lot of yawning, rolling onto her back,
eyes opening and then closing again and sometimes a bout of sighing before she
finally gets up and decides that yes, I am allowed to take her outside, but I
had better make it quick!
Once I get home from her walk there’s just time for another
coffee and a seat at the computer. I look for any changes in the Ftse 100 and
the Aud Usd. I also scan through my emails, find the ones that need a fast
response and get those out. The others I mentally file for later.
That’s the morning routine and I am usually ready to start
trading at 7:30am. The actual trading day is so varied that attempting to put
together a routine would be impossible!
But I suppose that is why I love trading so much. Every day
is completely different. Some days I am finished before 10am, others by
lunchtime and on some days I’ll wait the entire trading day and see no setups
at all.
I hope you all have a great trading week!
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