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Author Topic: Does a Morning Routine have any Effect as a Day Trader?  (Read 827 times)
xSkylarx
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March 15, 2023, 09:14:50 AM
 #41

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.
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March 15, 2023, 12:01:42 PM
 #42

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.

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March 15, 2023, 12:26:58 PM
 #43

Good well-being always affects our productivity, it all starts with good sleep, if you get up in the morning without good sleep, then this is already a loss of concentration. All the factors you listed are also important, proper nutrition and exercise, but this is just one puzzle of what a trader must have for good results. It is difficult for me to understand how this can affect day trading, since this type of trading is not close to me, but clarity will definitely not be superfluous.
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March 15, 2023, 03:40:34 PM
 #44

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.
I think in general, not just in trading, having a good morning routine can increase the levels of focus that you can have for the entire day. I'd say it also depends on what cycle you usually do, I know a LOT of people who are more active during the night than they are during the day, but said routines don't necessarily have to be during the morning, but rather at the start of the day instead.

A light breakfast plus some light reading is usually my morning schedule. Reading makes my mental faculties sort themselves out, making me clear-headed before going to work. Back when I was trading though I just stuck to my phone immediately after waking up checking prices, kind of a bad routine really imo.

R


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March 15, 2023, 05:21:02 PM
 #45

I think in general, not just in trading, having a good morning routine can increase the levels of focus that you can have for the entire day. I'd say it also depends on what cycle you usually do, I know a LOT of people who are more active during the night than they are during the day, but said routines don't necessarily have to be during the morning, but rather at the start of the day instead.

A light breakfast plus some light reading is usually my morning schedule. Reading makes my mental faculties sort themselves out, making me clear-headed before going to work. Back when I was trading though I just stuck to my phone immediately after waking up checking prices, kind of a bad routine really imo.
Basically before you start working, that's the important part. I have a similar one but that is as old as time itself, so it is nothing original. I wake up, I take a shower, eat a breakfast, drink my coffee, and I start working basically while still drinking my coffee. That's a very very cliché and overused routine of course, millions of people do it everyday, but I still do it because it gives me a routine that gets me going.

It means basically that you have some things that you do everyday, and it gets me in the mood. If you start working right away before you do anything else, it would be hard to focus, but if you start with something easier like taking a shower and having a breakfast, you get into a rhythm.

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March 15, 2023, 06:21:18 PM
 #46

As a trader you can choose to trade in whatever hour that suits you, morning ,afternoon and night depending on your time zone. Therefore being a day trader will not stop you from any morning routine you have if you want to trade and work at same then you can adjust your schedules. But for someone that finds trading in the morning hours most preferable, It will affect you a bit when trying to do Market analysis, because it requires some time and total concentration to analyze the market and hence could clash with your morning routines in some cases.

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March 15, 2023, 09:58:29 PM
 #47

Do you mean morning routine like exercise and health habit activities?
Actually, morning routines that are done regularly with good routines like exercise, enjoying the morning sunshine, breakfast, and reading something in the morning, will also influence our health and mental. It is much better than sleeping again in the morning because this will make us wake up lazily and with and physical condition.

That is why if we have healthy morning routine and habit including preparing our brain to work, it will prepare ourself to be more ready to do some hard activities, like trading. Trading needs focus and fresh mind to be able to think more seriously and clearly. Some people may not do this and they are still able to earn much profit, but some people may need this. This will depend on individual routines.

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March 17, 2023, 01:34:37 AM
 #48

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.
I think in general, not just in trading, having a good morning routine can increase the levels of focus that you can have for the entire day. I'd say it also depends on what cycle you usually do, I know a LOT of people who are more active during the night than they are during the day, but said routines don't necessarily have to be during the morning, but rather at the start of the day instead.

A light breakfast plus some light reading is usually my morning schedule. Reading makes my mental faculties sort themselves out, making me clear-headed before going to work. Back when I was trading though I just stuck to my phone immediately after waking up checking prices, kind of a bad routine really imo.
Unfortunately on the world of today people are always struggling to find enough time to do what they want as their life has lost any kind of semblance of balance, so a morning routine is simply impossible for those people, which is a shame as having a healthy morning routine could help you to start the day and be completely ready to deal with whatever you have to face during the day, unlike what we see today with a lot of people that begin their day and they are already stressed by the time they get to their job.
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March 17, 2023, 03:31:50 AM
 #49

Depends on individual, some people do good when they follow their routine or their minds feel agitated when routine is disturbed. Op you appear to be one of them.

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March 17, 2023, 04:52:46 AM
 #50

Depends on individual, some people do good when they follow their routine or their minds feel agitated when routine is disturbed. Op you appear to be one of them.

It is like they are stretching out their minds because for sure trading would be stressful. Mental health is really big factor when it comes to trading as this is where it fall how do we control our emotions which affects our trading styles. Others may have those kind of routine for better decision making but others also dont have. Theres nothing wrong in doing this that is why we should respect everyones views on this as we just want to gain profit from our trades
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March 17, 2023, 06:05:07 AM
 #51

I can say that having small children, the morning routine, as the OP puts it, becomes a habit or an obligatory action. Children will never let you relax; it is they who must live according to the regime that their parents create for them and themselves. After doing all the morning routines and understanding that the first things for the morning are done, it's always great to concentrate on other things to have time to finish some on time and take on others.

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March 17, 2023, 06:15:45 AM
 #52

Establishing a consistent morning routine can be a great way to get yourself mentally and physically prepared for the day ahead.

everyone's morning routine will be different, so it's important to find what works best for you.

Example of my morning routine is
1: waking up early
2: exercise
3: eat healthily
4: practice mindfulness and
5: review my trading plan.

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March 17, 2023, 12:06:21 PM
 #53

I wouldn't call myself a day trader but for my programming job, I always feel much more motivated when I start my day with my gym workout. I feel especially productive in the morning after I've worked out.

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March 17, 2023, 08:37:13 PM
 #54

I woke up in the morning for prayer after prayer I opened my chart to analyze some trading pairs if there is any potential trading setup ahead because my trading strategy is based on the price reaching, reaction and Price Action around the Pivot points, if there isn't any trading setup I always take a road walk to a not too long distance for my  regular morning exercise and fitness, however this has nothing to do on how or whether I am going to trade well or not there isn't any correlations between my road walk and trading to be profitable, this is a mere physical exercise and different from mental awareness towards trading.

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March 17, 2023, 08:56:38 PM
 #55

Do you have a morning routine as a day trader?
Wake up at 5am to do the prayer, do some exercises like jogging and walking after prayer and follow up into breakfast. It's indeed after doing that routines you are more likely become more focus to do stuff in following that day because you have already wake up and do the activities which make you have more energy for the day. Doing no exercise probably make you sore and doesn't have spirit to do anything.

It's a great thing to do not just for traders. it's for general human. Trading requires lot of thinking and if you not start the day with some happy stuff then your trading journey would be ended up in a mess.

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March 17, 2023, 09:08:10 PM
 #56

Routines or should I call it, the usual things that I do every morning even prior to learning the whole thing about trading.

Regardless of the profession, job, works, etc. it should be a must for everyone that we should have a good breakfast before facing our respective workloads throughout the day. It's good that we are in a proper state of mind when dealing with our everyday work. Exercise can be done during the day when we considered it as day-off.

Trading or not, I can't imagine how can we even work properly if we are not physically fit to work at the start of the day.

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March 18, 2023, 09:28:06 AM
 #57

The morning routine can have an impact on the crypto day trader as this routine can affect the mental and physical state of the trader throughout the day.
For example, if a trader does not get enough sleep, it can lead to decreased concentration, fatigue, and inefficient decision making. If a trader starts the day with exercise, meditation, or other practices that help reduce stress and increase energy, then this can improve performance throughout the day.
In addition, the morning routine can also affect the decision-making process in cryptocurrency trading. For example, if a trader is accustomed to starting the day with an analysis of news and fundamentals, this can help him make more informed decisions throughout the day.
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March 18, 2023, 11:49:38 AM
 #58

I wouldn't call myself a day trader but for my programming job, I always feel much more motivated when I start my day with my gym workout. I feel especially productive in the morning after I've worked out.
In any job, I think there's a significance why we're feeling that we're better after we wake up. Our minds are clear and just came from a long rest.

When I don't feel being well, I just take a sleep or a power nap because for me, that's like a pill that makes me feel better and giving time for my brain to rest.

This isn't just about old folk things but it's a strategy for anything that we do to be more efficient.

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Rahul09
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March 18, 2023, 04:13:31 PM
 #59

Although trading has nothing to do with getting up in the morning. But when you get up in the morning, you get a different kind of mental strength. No matter what you do, if you can always get up early in the morning, your mind will be very clear and fresh. Getting up early in the morning gives you more time to work, just as you get more motivation for all activities. More importantly, you will always wake up early and have a beautiful and cheerful life.

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March 18, 2023, 11:40:17 PM
 #60

If every thing is measured according to a certain routine, the thing is done smoothly and well. I don't have a morning routine for trading, but some rules must be followed daily. Waking up in the morning amd check the market situation. And besides, waking up early in the morning is good for the body, and trading at this time I think trading is effective.

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