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
EUR/USD hits fresh one-week lows following weak Eurozone data
EUR/USD extends losses on Friday's European session, trading at the 1.1730 area at the time of writing after having peak. Free forex trading training by FX Killer.
USD/CHF stalls below 0.7940 in a calm New Year session
The US Dollar is trading practically flat against the Swiss Franc, right below the 0.7940 line, ahead of the US session . Free forex trading training by FX Killer.
Gold Price Forecast: XAU/SD extends its recovery to the $4,400 area
Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed f. Free forex trading training by FX Killer.
EUR/GBP drifts lower, nearing 0.8700 after Eurozone, UK manufacturing data
The EUR/GBP extended losses for the third day in a row, although it remains trapped within a tight range, roughly betwee. Free forex trading training by FX Killer.
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