After a hectic start to the new year, my forex trading routine was finally made easy last month (Feb' 08). I am currently seeing a great improvement in my daytrading results by following an effective automated trade entry process.
'Automation' doesn't have to be a computer entering your trades - you can simply practise my day trading approach to streamline your trading routine and become a more efficient and profitable trader.
Here is an overview of my day trading routine for your reference:
During Market Hours
- Scan for real-time trading opportunities
- Monitor open positions (on hourly basis)
- Follow live economic news releases
After Market Hours
- Gauge the technical market sentiment data
- Generate trading watchlist
- Review daytrading results
Achieving day trading success isn't something that should be left up to chance. In my opinion, having real goal and plan will be a far better winning strategy.
Here are the monthly daytrading reports:
Feb' 08: +365 pips
Mar' 08: +455 pips
Apr' 08: +45 pips
May' 08: +75 pips
Jun' 08: +35 pips
Jul' 08: +105 pips
Aug' 08: +760 pips
Sept' 08: +290 pips
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