My New & Simplified Day Trading Routine

Old Day Trading Routine (originally posted here on 18 Jan 08)

• Scan for swing trading opportunities on H1 chart (2 x10 minutes) - revised
  
• Monitor open positions (ongoing) - revised
  
• Follow live economic news releases at 9.30 am and 1.30 pm (2 x 15 minutes) - revised
  
• Watch live price action during lunch break/evening on M5 chart (more than 30 minutes)
• Review expert advisor trading results (15 minutes)
• Gauge market sentiment of the US dollar on daily trend chart (15 minutes) - revised
  
• Demo aggressive style discretionary trading strategy (started recently)
• Read market news (when free)
• Write blog posts and research new trading ideas (when free) - revised
  

New Day Trading Routine

• Scan for daytrading opportunities on M30, H1 charts (3 x10 minutes)
• Monitor open positions (on hourly basis)
• Follow live economic news releases (throughout the day, 2 -3 minutes per news event)
  
• Gauge the technical sentiment data of the US dollar and Japanese Yen (10 minutes)
• Review daytrading results
  

After a hectic start in January, my forex trading routine was made easy last month. I am currently seeing a great improvement in my daytrading results by following a stringent plan.

Quote (Brett Steenbarger) - Success comes to traders only when they overcome normal human biases.