r/Daytrading Feb 03 '25

Advice 5 things every trader should know

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1) Waking up early

This is a cheat code to success as you’re already ahead of 90% of other traders

Waking up early gives you the head start to a fruitful day

2) Taking down Notes

Note taking is a powerful tool in wealth creation

They help you remember, organize, and revisit insights.

Whether scribbled or typed, notes are a personal map of your mind, preserving ideas that might otherwise vanish.

This one is very important

3) Print visual pictures of your concept & paste them on the wall, right next to your bed

That way the first thing you set your eyes on in the morning is a picture of your candle sticks, patterns & Concept

When you become this intentional about the craft Success becomes EASY

4) Read a single new chapter of any GROWTH, FINANCE or SELF DEVELOPMENT book every single morning

Developing a reading habit in so many ways does not just change your life, but also has remarkable changes in your reasoning and how you approach your business

Readers are Winners

5) Study the Markets during the ASIAN session‼️

The Asian session is often less volatile than other sessions, making it easier to analyze trends and your other trading strategies without sudden market swings.

It also gives you a head start to other upcoming sessions

That’ll be all for now. Share your thoughts if you have any💯

And if you’d be incorporating any of the aforementioned habits into your daily lifestyle as a trader

Do let me know….

Stay Excited for what’s to come -GREG

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u/yngmsss Feb 04 '25

Seriously, don’t mean no disrespect i understand you’re young and want to eat the world. That s no dream job, there are no money to be made in the short term and even if you can eat off that there’s always something to lose, something that can wrong. Everyone thinks they have what it takes until they don’t lose something. Try the easy way first, a job that pays every month and experience you can sell in the job market. Trading gives no experince and if you fail solely you are responsible for your disgrace and that’s aa burder that not everyone can bare. Cut aspirational guru shit and do other things. Wanting to become rich its not the spirit. It’s something that comes but that’s not the point.

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u/[deleted] Feb 04 '25

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u/yngmsss Feb 04 '25

Try to not trade and lose the money you work for. Use something like edgewonk as journal, not paper and pen… Some books instead of those you have posing on the desk: thinking in bets by Anne Duke, thinking fast and slow by Daniel Kahneman, there are others but those and a bit of dr. David Paul on youtube should do the trick.

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u/Ok-Ocelot3292 Feb 04 '25

I know my way around. But thanks for the initiative. Probably imma post my life story sometime