Daily Pre-Market Routine

What activities will you do BEFORE you start trading?

We don't mean showering and brushing your teeth (although you should always take a shower and brush your teeth.

Your routine should help you accomplish the following tasks:

Reviewing any open positions and making any necessary adjustments

Reviewing yesterday's trades

Getting yourself "up to speed" on the market

Identifying any upcoming news that could cause volatility

Being ready to trade when the next trading session opens

Determine what the overall market sentiment is for the day, review yesterday's trades and how the previous trading session finished, and maybe identify key market areas like support and resistance.

Now it's time to start trading your system!

Your pre-market routine will be critical to your success as a trader. It will help you plan your day so that you are not spending time during market hours scrambling trying to figure out what news or data will be coming out, and what to do if the market does something you didn't expect.

You want to start your trading session feeling calm, relaxed, and prepared for whatever the market throws at you.