Tuesday, November 4, 2014

My daily routine as a forex trader

Daily routine

As i live in Australia and mainly focus on late asia and london open i have the privilege to sleep in a little. My day always start with a coffee and a fresh mindset. Then i review my charts looking at the pairs i concentrate on. Review the economic calender and prepare on potential trades for the day. If i feel not right or not in sync with the markets i tell myself to step away. Rememeber that we dont need to trade everyday.! Preserve our capital! 

Below are just a few things i always remind myself
-nobody is forcing you to trade
-if i have two loosing trades in a day , my day is over
-i will not take more than 3 trades a day with smaller risk after the first winner.
-enjoy your work but never want it to be too exciting as if you feel that way you might be riding a rollercoaster ride (not consistant)

P.s i am writing this post on my iphone while having my morning coffee so excuse me for typos. :)