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The REAL TRUTH About Life as A Penny Stock Trader (My Routine - 2019)
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In trading, everyone’s out for themselves. Wanna get ahead of the competition? You need a SOLID jumpstart — every trading day. Check out Tim Bohen’s key pointers to help you get started.
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✅ Recommended playlists:
✅ Follow StocksToTrade on social media:
A daily routine can be a huge help for all traders. Today, Tim breaks down his own personal routine...
First, Tim starts his day early. You can get a big boost of energy knowing you're up and prepared for the markets while other traders struggle to get out of bed. And if you’re up early, you have more time to get ready ... so the earlier, the better!
Once you’re up, get moving. Wake up your body and your brain. A lot of research shows that exercise can help your brain function and improve your productivity. And you want to get those creative juices going for your trading day. So wake up and get ready to go.
Since you’re setting a solid morning routine, add a good breakfast for good measure. Eat some good, clean food like protein and vegetables. But skip the sugar — that can just lead to a big crash later. You need sustained energy.
Now you start your research process. You should be aware of what's going on in the world. Read “The Wall Street Journal.” Check out CNBC. Read press releases and SEC filings. Look at all the major news feeds to find what’s trending.
Some days there’s not much going on ... it may only take you 10 minutes to research. But other days you may have to spend extra time to digest, run your pre-market scans, and prepare for the day.
Now, you’re getting closer to the market open. You've seen pre-market data shake out. This is when you write your trade plans. Base your trade plans on the support, the resistance, the breakout breakdown levels, and the chart patterns. Write it all down. That way, as you move into the day, you're prepared to execute.
Is my routine exciting? Not always. But it works for me. So you have to find what works for you. To me, preparation is key. And yeah, it’s not always fun. But if trading was easy or fun, everyone would be a successful trader. Real talk: It's HARD. You gotta put in the work and commit to the grind.
#StocksToTrade #Pennystocks #DayTrader
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
✅ Links we mention and recommend:
✅ Recommended playlists:
✅ Follow StocksToTrade on social media:
A daily routine can be a huge help for all traders. Today, Tim breaks down his own personal routine...
First, Tim starts his day early. You can get a big boost of energy knowing you're up and prepared for the markets while other traders struggle to get out of bed. And if you’re up early, you have more time to get ready ... so the earlier, the better!
Once you’re up, get moving. Wake up your body and your brain. A lot of research shows that exercise can help your brain function and improve your productivity. And you want to get those creative juices going for your trading day. So wake up and get ready to go.
Since you’re setting a solid morning routine, add a good breakfast for good measure. Eat some good, clean food like protein and vegetables. But skip the sugar — that can just lead to a big crash later. You need sustained energy.
Now you start your research process. You should be aware of what's going on in the world. Read “The Wall Street Journal.” Check out CNBC. Read press releases and SEC filings. Look at all the major news feeds to find what’s trending.
Some days there’s not much going on ... it may only take you 10 minutes to research. But other days you may have to spend extra time to digest, run your pre-market scans, and prepare for the day.
Now, you’re getting closer to the market open. You've seen pre-market data shake out. This is when you write your trade plans. Base your trade plans on the support, the resistance, the breakout breakdown levels, and the chart patterns. Write it all down. That way, as you move into the day, you're prepared to execute.
Is my routine exciting? Not always. But it works for me. So you have to find what works for you. To me, preparation is key. And yeah, it’s not always fun. But if trading was easy or fun, everyone would be a successful trader. Real talk: It's HARD. You gotta put in the work and commit to the grind.
#StocksToTrade #Pennystocks #DayTrader
----------------------------------------------------------------------------------------------------------------
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
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