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
GBP/USD Price Forecast: Remains above nine-day EMA near 1.3650
GBP/USD recovers its recent losses from the previous session, trading around 1.3680 during the European hours on Wednesd. Free forex trading training by FX Killer.
EUR/USD: Hedging shift supports Euro holdings – BNY
BNY’s EMEA Macro Strategist Geoff Yu notes that the ECB’s February decision has capped further Euro strength, with the G. Free forex trading training by FX Killer.
EUR/GBP holds above 0.8700 as UK’s political crisis hurts the Pound
The Euro (EUR) edges down against the British Pound (GBP) on Wednesday but keeps most of the gains taken over the previo. Free forex trading training by FX Killer.
USD/INR strengthens as US Dollar pares recent losses ahead of Nonfarm Payrolls
USD/INR appreciates on Wednesday after registering modest losses in the previous session. However, the upside of the pai. Free forex trading training by FX Killer.
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