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One effective Trading Routine
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We often hear that a perfect Trading Routine is what differentiates a good professional trader from an amateur trader.
In fact, without an effective trading routine, you just move from one trade to another without any order and planning. The result is that you trade by pure luck and chances are that your performance will be negatively impacted.
On the other hand, when you develop a good trading routine, you will understand the power of consistency and you will build a solid performance over it.
Let’s make one thing clear!
It doesn’t exist the “best trading routine”. There are many routines and it is you that should understand which one works best for you.
In this article, you will learn one good Trading Routine that many fellow traders have found effective and have then adapted to their personal trading style.
#1 Prepare early
Being prepared is an essential characteristic when trading.
So, are you ready for the 5:30 wake up?
I guess you’re not, in fact you don’t need to!
Preparing early doesn’t necessarily mean waking up very early in the morning.
It means being prepared before you sit down and start trading.
So, what does it actually mean?
For instance, having the right attitude before trading. If you feel it’s not your day, than you should stay away from the Markets and take the day off.