20 Habits of highly successful traders
20 Habits of highly successful traders:
1. Develop your Playbook
2. Tape reading - absolutely essential for day traders
3. Mindfulness - go to headspace.com
4. Sleep properly
5. Trade Journal - TraderSync or TraderVue
6. Book of Chart - find the 'Chart of the Day' to do your entry, take profit and stop loss
7. Exercise
8. Diet
9. Find a Mentor
10. Make Use of Technology
11. Pre-market Analysis
12. Daily Report Card
13. Talk to traders
14. Game Plan Big Trades (eg. US-China trade talks)
15. Game Plan Before Opening (eg. Set alerts/scripts/filters for limit orders)
16. Daily Gratitude
17. Train Your Brain - try brainhq.com
18. Relationships - Don't forget quality time with your loved ones and friends
19. Learn Daily - read about successful people, listen to audible on market updates
20. RIP through charts - create a system to identify important breakouts with daily/weekly charts
Inspired by Mike, the 7-figure Trader
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