What is your pre-market routine for day trading?

TRADINGFEATURED

Mahendran Jayaveeran

2/13/20241 min read

What is your pre-market routine for day trading?
What is your pre-market routine for day trading?

"Screen for stocks that align with my trading strategy and build a watch list to help guide your decision-making process"

It took me a while to realize this but establishing a consistent trading routine is crucial. It helps you stay focused, avoid emotional decisions, and maintain discipline when executing your trading strategy.

My Routine

  • Stay informed about major economic and political vents that can affect the markets.

  • Monitor the performance of major indices and sectors to identify potential trading opportunities.

  • Screen for stocks that align with my trading strategy and build a watch list to help guide your decision-making process.

  • Once I have a plan and the market opens, I execute trades without hesitation but always with proper risk management.

  • I also review my previous trades in the pre-market time to identify what works and what does not and adjust my approach accordingly.


Credit: Quora

Related Stories