A Day in the Life: Professional Trader's Daily Routine
A Day in the Life of a Professional Trader
Morning (7:00-9:00)
7:00-8:00 Morning Preparation
- •Check overnight news
- •Analyze Asian market open
- •Review positions
- •Plan the day
8:00-9:00 Market Analysis
- •Technical analysis: Key support/resistance
- •Fundamental analysis: Important economic data
- •Market sentiment: Capital flows
- •Identify trading opportunities
Mid-Morning (9:00-12:00)
9:00-10:00 Pre-European Open
- •Final trading plan confirmation
- •Set price alerts
- •Prepare for entry
10:00-12:00 Active Trading Period
- •Execute trading plan
- •Monitor positions
- •Dynamically adjust stop-loss
- •Record trading reasons
Afternoon (14:00-18:00)
14:00-15:00 Lunch Break
- •Short rest
- •Avoid fatigue trading
- •Keep mind fresh
15:00-18:00 European Session
- •Continue market monitoring
- •Look for new opportunities
- •Adjust existing positions
Evening (20:00-24:00)
20:00-24:00 US Session
- •Most active period
- •Important data releases
- •Highest volatility
- •Strictly execute plan
After Close (24:00-)
Trading Review
- •Record all trades
- •Analyze success/failure reasons
- •Summarize lessons learned
- •Update trading journal
- •Prepare tomorrow's plan
Weekend Work
Saturday
- •Review week's trades
- •Calculate P&L statistics
- •Analyze strategy effectiveness
- •Learn new knowledge
Sunday
- •Analyze next week's market
- •Create trading plan
- •Mental adjustment
- •Adequate rest
Important Notes
- •Don't overtrade
- •Maintain regular schedule
- •Rest and exercise appropriately
- •Maintain physical and mental health
*Successful traders have regular schedules and strict discipline.*
Latest News
Silver Price Forecast: XAG/USD recovers above $50 while investors await US NFP data
Silver price (XAG/USD) claws back its early losses and turns slightly positive to near $50.30 during the European tradin. Free forex trading training by FX Killer.
Eurozone: New momentum – BNP PARIBAS
This is a positive surprise, and it deserves to be highlighted in the current context: according to initial estimates, g. Free forex trading training by FX Killer.
AUD/USD: Major support at 0.6460 seems out of reach for now – UOB Group
There is a chance for Australian Dollar (AUD) to drop further, but the major support at 0.6460 could be out of reach for. Free forex trading training by FX Killer.
Pound Sterling trades with caution as UK CPI comes under spotlight
The Pound Sterling (GBP) trades subdued against its major currency peers on Tuesday as investors turn cautious ahead of . Free forex trading training by FX Killer.
Related Articles
Professional Trader Psychology Development: From Novice to Expert
Professional Trader Psychology Development Core Principle In professional trading, technical...