Does a Morning Routine have any Effect as a Day Trader? - page 6.

Questat

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Quote from: Johnyz on March 14, 2023, 05:49:00 PM

A healthy mind and body can result to a more positive life and you can bring this one into trading. Remember, emotions can still affect your trading decision so if you were more positive in life, trading can be more good for you. I personally have a morning routine to stay fit and healthy, though I’m not doing this specifically for trading but i know it can affect it somehow. Have a good practice in trading and stay discipline, that’s a big help.

Perhaps, a healthy mindset comes from having a healthy lifestyle as well. If we do the morning routine consistently, the more we become healthy making us decide so well and become more productive. Yes, it was indeed a need of self discipline, dedication, and goal. For sure we can say it was too easy but guess what, many people had tried and then just stop because of lack of dedication.

Well, we're not sure if all traders are doing this but I see a huge effect on them (us traders) mentally.

xSkylarx

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Quote from: rhomelmabini on March 15, 2023, 05:04:54 AM

Quote from: Scripture on March 14, 2023, 06:04:19 PM

Quote from: rhomelmabini on March 14, 2023, 05:55:28 PM

Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?

I think when it comes to trading there's nothing as a routine especially if we're dealing here with 24/7 market condition. I do trade wherever, whenever, and however I wanted it. Yeah early bird catches the worm but as I said it's a 24/7 market so you can catch it whenever you want, depending on the market condition.

Probably OP is talking about waking up in the morning and doing some exercises before you do anything or before you trade, that can actually be done at anytime just like a warm up to have a fresh mind before going into trade. Its good that this market is 24/7, this can work for you at anytime base on your own convenience. I don’t have that routine but I guess staying healthy will be matter here.

Yeah I get it but as I've said it's 24/7 market and you could end up trading at no definite time of the day, especially if you have certain notification targets you needed before you do your trade. I don't have any routine or anything like that I condition my mind that it will not be easy to trade, I don't keep my emotions attached on it as long as I have targets and stop-loss feature.

If you are a full-time trader then for sure you don't have a routine because you are just waiting for that notification to pop up and then checking the charts on what are your bias but for those people has work they have a routine like if they go work 8 - 5 pm in a day, the chances that they would wake up early to prepare and have like 30-1hr checking charts then go to work or they are going to trade by night as before they go to sleep. But yes it's a 24/7 market unlike in forex where there are timezones.

rhomelmabini

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Quote from: Scripture on March 14, 2023, 06:04:19 PM

Quote from: rhomelmabini on March 14, 2023, 05:55:28 PM

Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?

I think when it comes to trading there's nothing as a routine especially if we're dealing here with 24/7 market condition. I do trade wherever, whenever, and however I wanted it. Yeah early bird catches the worm but as I said it's a 24/7 market so you can catch it whenever you want, depending on the market condition.

Probably OP is talking about waking up in the morning and doing some exercises before you do anything or before you trade, that can actually be done at anytime just like a warm up to have a fresh mind before going into trade. Its good that this market is 24/7, this can work for you at anytime base on your own convenience. I don’t have that routine but I guess staying healthy will be matter here.

Yeah I get it but as I've said it's 24/7 market and you could end up trading at no definite time of the day, especially if you have certain notification targets you needed before you do your trade. I don't have any routine or anything like that I condition my mind that it will not be easy to trade, I don't keep my emotions attached on it as long as I have targets and stop-loss feature.

FahriZah

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Day Trading That Means Daily Trader Who Want To Trade Day By Day But When He/She START Morning Plan Routine Than He Thinking How To Handle Every Trade And How To Take Little Profit That's Why Every Day Trader Must Be Need To Make A Daily Trade Routine.

Strongkored

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Having a good morning routine before starting all activities will definitely help us to get excited so that in one day all the work can be done properly.
My morning routine is to pray, have breakfast, and drink coffee, but I will always read crypto news for trading because sometimes they can affect the market condition quite quickly.
But don't believe that doing this routine can make us profit, for me it's just a coincidence because if that's the truth, traders only need to repeat it every day before trading so they can always make a profit.

ultrloa

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Some traders have their own routine before they start trading since it could make their day looks complete and feel easy to do their task when they do their morning rituals. But if they don't do what usually they do some people feel like there's something heavy that they can't explain and they feel unlucky for that day. So set up what can make you feel good since this is somehow a good stretch up before you start up your trades.

GeorgeJohn

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It's obvious that exercise is suitable to facilitate any kind of job, because exercise is It's personal body routine, but for the aspect of meal consumption, I will tell you that some excessive of meal consumption can leads to weakness and tiredness but it depends on individual body chemistry precisely. For someone not to experience some elements of laziness during the process of Trading, you have to engage your body into physical fitness exercise to enable you be fit in your daily activities.

Asiska02

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A good morning routine is critical in determining your optimal energy, maximum determination, and productivity from whatever you want to do. A bad morning routine full of emotions can destabilize your entire day and negatively impact the outcome of your desired activity.

In terms of routine, I don't usually do anything before starting the day's activity. My work determination and optimism are sufficient to make my day go well and achieve what I want to achieve in due course.

Scripture

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Quote from: rhomelmabini on March 14, 2023, 05:55:28 PM

Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?

I think when it comes to trading there's nothing as a routine especially if we're dealing here with 24/7 market condition. I do trade wherever, whenever, and however I wanted it. Yeah early bird catches the worm but as I said it's a 24/7 market so you can catch it whenever you want, depending on the market condition.

Probably OP is talking about waking up in the morning and doing some exercises before you do anything or before you trade, that can actually be done at anytime just like a warm up to have a fresh mind before going into trade. Its good that this market is 24/7, this can work for you at anytime base on your own convenience. I don’t have that routine but I guess staying healthy will be matter here.

TimeTeller

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Quote from: rhomelmabini on March 14, 2023, 05:55:28 PM

Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?

I think when it comes to trading there's nothing as a routine especially if we're dealing here with 24/7 market condition. I do trade wherever, whenever, and however I wanted it. Yeah early bird catches the worm but as I said it's a 24/7 market so you can catch it whenever you want, depending on the market condition.

That's the advantage of crypto market, it is 24/7 where you can do your trading anytime, anywhere.
However, it depends on the person himself when he is most productive, just like the OP, he has routine before anything else.
That is true to other people, they need to do something first before they sit in front of their computer.
Otherwise, they can't focus or they feel something is missing, hence, they feel agitated while doing their work.

rhomelmabini

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Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?

I think when it comes to trading there's nothing as a routine especially if we're dealing here with 24/7 market condition. I do trade wherever, whenever, and however I wanted it. Yeah early bird catches the worm but as I said it's a 24/7 market so you can catch it whenever you want, depending on the market condition.

Johnyz

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A healthy mind and body can result to a more positive life and you can bring this one into trading. Remember, emotions can still affect your trading decision so if you were more positive in life, trading can be more good for you. I personally have a morning routine to stay fit and healthy, though I’m not doing this specifically for trading but i know it can affect it somehow. Have a good practice in trading and stay discipline, that’s a big help.

Lanatsa

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Quote from: huu78 on March 14, 2023, 12:05:11 PM

I think good habits when combined with other activities will create a positive mood and help your trading process.
so you make the process consistent within yourself, when you trade and experience losses maybe you can easily stop because you have made this habit for a long time.

Really indeed a good habit rather than on directly making yourself sit down on from of your pc and then directly made out trades without having any exercises or warm ups.It is always been that recommended
that you should really be having some physical activities.

Not every moment on your life would be spent out in front of your pc which it is really just that right that you do other those basic principles or actions which wouldnt only give out that movement
but rather having a healthy body would really be that recommended because we know that health is wealth no matter what.

jaberwock

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Quote from: alastantiger on March 14, 2023, 05:11:47 AM

Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader? Kindly share some of your morning routine before trading.

Yes, morning routine has a great impact in my daily trading.
Every moring when i wake up i say my prayers, do my exercise like press-ups, dumbbells, take a shower, take my breakfast, and face my trading for the day.
These morning routine most especially my workout really helps me mentally. Any day i dont work out in the morning i will be very weak and it affects me mentally because i will not focus on my trading.
Exercise is very good as it helps stimulate your mental health and makes you strong and fit in any kind of work or business you are doing.

If the routine that we are doing is good, it will also have a good impact on the task that we will be doing for the day. In your case, the routine that you are doing there is good, especially the prayer one. I think many of us under estimates this or skip this by the time they woke up in the morning but believe me, this one is so powerful and will have a good impact for us throughout the day if we do this properly.

If meditating calms our mind then praying calms our soul. When you have a calm soul, you will not worry and other negative emotions are going to be normalized as well which is very important when one is dealing with trading, especially the day time ones.

Flexystar

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That is a good one, the mantra. It keeps your aura fresh and you can continue to be positive even in the worst situations. I find it more comforting when people take on the routine path. Properly set routines can really help us to achieve the impossible.

Well coming back to the morning routine, yes definitely it can boost many things. However, technically speaking we also need to understand how and when trading or particular asset is getting traded. For example, bitcoin might be getting higher volumes in the morning in America where most of the users are doing it. That particular time could be the peak period to have most of the profits from your trade but at the same time eastern hemisphere might be in deep sleep considering the changes in timezones.

So it also depends on your timezone, your country, the volume and timings at that particular time. Do check the factual analysis for these so that you can go ahead with more confidence.

huu78

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I think good habits when combined with other activities will create a positive mood and help your trading process.
so you make the process consistent within yourself, when you trade and experience losses maybe you can easily stop because you have made this habit for a long time.

Hypnosis00

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Doing morning exercise helps us to keep healthy and awake which could have a mental effect. Doing this makes us more energetic and increase our focus on something that we work with. But this is just a temporary effect on us as later in the afternoon we get tired and need rest. That us why we should have to do trading while we still have an energy left and focus, and it should be done in the morning. Being consistent of this doing will certianly have a good impact when it comes to decision making.

alastantiger

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Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader? Kindly share some of your morning routine before trading.

Yes, morning routine has a great impact in my daily trading.
Every moring when i wake up i say my prayers, do my exercise like press-ups, dumbbells, take a shower, take my breakfast, and face my trading for the day.
These morning routine most especially my workout really helps me mentally. Any day i dont work out in the morning i will be very weak and it affects me mentally because i will not focus on my trading.
Exercise is very good as it helps stimulate your mental health and makes you strong and fit in any kind of work or business you are doing.

Silberman

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Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader? I find
that whenever I follow my morning routine before trading, my focus is unbeatable in the charts and analysis. I usually wake up by 6am and start with cardio or just walk my dog. Next is a light breakfast. Eating light meals is essential because I won't feel very heavy and dull. And on some days, depending on how I feel, I skip breakfast totally for some homemade juice. I repeat my mantra several times ," today is already a great day." After which I go to my computer and start trading. On somedays I make good profits on some other days, I don't. Overall, my morning routine keeps me mentally prepared to face the day. Kindly share some of your morning routine before trading.

If you take the time to watch some sports you will realize that many athletes have some sort of ritual, something they do every single time they are about to compete as this helps them to focus on the competition, and while some may see this as some form of superstition, this is something psychologists recommend that athletes do so they can access their top performance just when they need it, and as such it makes sense that this can have an effect on other professions and activities like trading the markets.

GreatArkansas

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Quote from: Davidvictorson on March 12, 2023, 08:14:35 AM

Do you have a morning routine as a day trader?
(....)

For me, I'm just the normal trader for sure if we talked about the morning routine. Charts, news, twitter crypto, and coffee.
While I'm in front of my computer, that was the time I started to analyze charts and looking for good entries and at the same time, I read some news for fundamental analysis on some coins. Like latest news on finance world, crypto world on social media, etc.

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