Habits & Routines

[MDWake]

I wanted to start a thread on people's Daily Habits/Routines when it comes to their Technical Analysis.

What are some must do habits or routines you've formed? Whether it be daily, weekly or even yearly.

For example, reviewing your goals, reading the daily news, checking your watchlist, reading a book, learning something new, finding a new stock to watch?

I guess this gets more into the physiological aspect of what we do. But might also help some to get an understanding of some good habits or show the process of being successful.

Thanks,

 

[DrBourse]

Hi MDW, good to see your 1st post....
With any luck @Skate will see your post - I would suggest that you consider whatever advice he is willing to give.
Cheers M8.

 

[Skate]

I wanted to start a thread on people's Daily Habits/Routines when it comes to their Technical Analysis. What are some must do habits or routines you've formed? Whether it be daily, weekly or even yearly.

Hi MDW, good to see your 1st post....
With any luck @Skate will see your post - I would suggest that you consider whatever advice he is willing to give.
Cheers M8.

Thank you @MDWake for initiating this thread and to @DrBourse for bringing it to my attention, as I might have otherwise overlooked it. I firmly believe that sharing our daily habits and routines can be beneficial for both personal growth and the growth of our trading community, and I'm excited to contribute to and learn from this discussion.

My day starts at midnight with a thorough review of news reports and futures markets. I'm looking for patterns and trying to get a sense of what the market might do the next day. I find this helps me prepare for the day ahead and makes me feel more confident in my trading decisions.

After waking up, I check the Aussie Stock Forums for updates. I find that the concise presentation of information on the forum helps me stay informed and up-to-date without getting overwhelmed. As a weekly system trader, it's important for me to stay focused on my trading philosophy, and the forum helps me do just that.

During trading hours, I occasionally check in on the proceedings throughout the day. However, I've learned that once I've taken a trade, my job is to sit tight and wait for a sell signal. It's important to resist the temptation to act on "gut feelings" that go against my trading strategy. Instead, I make a note of these feelings and review them later to see if they are accurate or not. This helps me refine my strategy and avoid making impulsive decisions.

At the end of each day, I complete a record of my trading activity. This helps me keep track of my progress and identify areas for improvement. On Fridays, I send a summary of my weekly records to those who have an interest in the performance of their funds under my control. This helps me stay accountable and ensures that I'm always striving to do better.

During the weekends, I conduct a comprehensive analysis of my trading systems to ensure they remain effective and efficient. Additionally, I allocate time to brainstorm new trading ideas and strategies, as I believe that continuous learning and adaptation are crucial for success in the financial markets.

Furthermore, I enjoy sharing my insights and experiences in the "Dump it here thread" to give back to the community and help others who may benefit from my knowledge. By following these habits and routines, I have been able to achieve a high level of success in trading, and I hope that my experiences can serve as a valuable resource for other traders.

In summary, my daily habits and routines are centred around staying informed, focused on my trading strategy, and continuously improving my skills. I believe that following these habits has been my recipe for success.

Skate.

 

[MDWake]

Thank you @MDWake for initiating this thread and to @DrBourse for bringing it to my attention, as I might have otherwise overlooked it. I firmly believe that sharing our daily habits and routines can be beneficial for both personal growth and the growth of our trading community, and I'm excited to contribute to and learn from this discussion.

My day starts at midnight with a thorough review of news reports and futures markets. I'm looking for patterns and trying to get a sense of what the market might do the next day. I find this helps me prepare for the day ahead and makes me feel more confident in my trading decisions.

After waking up, I check the Aussie Stock Forums for updates. I find that the concise presentation of information on the forum helps me stay informed and up-to-date without getting overwhelmed. As a weekly system trader, it's important for me to stay focused on my trading philosophy, and the forum helps me do just that.

During trading hours, I occasionally check in on the proceedings throughout the day. However, I've learned that once I've taken a trade, my job is to sit tight and wait for a sell signal. It's important to resist the temptation to act on "gut feelings" that go against my trading strategy. Instead, I make a note of these feelings and review them later to see if they are accurate or not. This helps me refine my strategy and avoid making impulsive decisions.

At the end of each day, I complete a record of my trading activity. This helps me keep track of my progress and identify areas for improvement. On Fridays, I send a summary of my weekly records to those who have an interest in the performance of their funds under my control. This helps me stay accountable and ensures that I'm always striving to do better.

During the weekends, I conduct a comprehensive analysis of my trading systems to ensure they remain effective and efficient. Additionally, I allocate time to brainstorm new trading ideas and strategies, as I believe that continuous learning and adaptation are crucial for success in the financial markets.

Furthermore, I enjoy sharing my insights and experiences in the "Dump it here thread" to give back to the community and help others who may benefit from my knowledge. By following these habits and routines, I have been able to achieve a high level of success in trading, and I hope that my experiences can serve as a valuable resource for other traders.

In summary, my daily habits and routines are centred around staying informed, focused on my trading strategy, and continuously improving my skills. I believe that following these habits has been my recipe for success.

Skate.

Awesome Skate,

This is exactly what i was hoping to kickstart in this thread.

Like you said yourself, sharing our habits and routines are beneficial to ourselves and others.

Thanks for Sharing,