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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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.

By Stock Chat

where the coffee is hot and so is the chat

18 thoughts on “The real truth about life as a penny stock trader my routine – 2019”
  1. Avataaar/Circle Created with python_avatars Greg Mason says:

    Hello me and a few buddies of mine have just got picked up by a company in fernley Nevada, we are coming from Piedmont lithium in North Carolina, my question is im single make good money and want to start investing and i thought the company i will be working for american battery would be a good place to start it seems like low priced stocks should i go balls out now or when i start near April? I just want to flip some untapped income i've been sitting on or can you suggest something.

    Thanks Excuvatorbully. P.S what brokerage site should i use?

  2. Avataaar/Circle Created with python_avatars C says:

    Hello Tim, I am studiyng from Steven Dux and there is almost no creativity involved but more: tracking data, knowing the winning % and avg winning reward, cut losses. Do you have have a different approach or am I overlooking?

  3. Avataaar/Circle Created with python_avatars Anthony Meza says:

    i excersice in the mornings before the sun comes up. and study til the sun goes down

  4. Avataaar/Circle Created with python_avatars Dan McPhate says:

    By 5 without fail. No battles won in bed!

  5. Avataaar/Circle Created with python_avatars JeanPaul Antonio Towers says:

    Thank you Tim B.

  6. Avataaar/Circle Created with python_avatars Nick Slates says:

    Thanks Tim

  7. Avataaar/Circle Created with python_avatars Monstahh4D says:

    In Australia i finish work at 5pm study how the market closed previous day (setup for the open, track patterns and statistics) by then usually 7pm dinner usually back ready by 10pm ( 8am est)
    Also study during the day when I have time.

  8. Avataaar/Circle Created with python_avatars Omar Elias says:

    Great minds think alike, and work alike..

  9. Avataaar/Circle Created with python_avatars Phil Can says:

    Early bird makes coffee for the wife.
    Then back to the scanners and charts.

  10. Avataaar/Circle Created with python_avatars Anton Wilson says:

    Awesome, awesome, awesome video Tim. Thank you!

  11. Avataaar/Circle Created with python_avatars Noam mota says:

    In my country market opens at 4:30 pm wich is great . I usually start my research at 2-2:30 pm and by the time the market opens im ready to rocknroll and its not "costing me the morning". im still waking up kinda early though 🤷🏻‍♂️

  12. Avataaar/Circle Created with python_avatars Beaugeto Star Mixed Bag says:

    Early Morning Black coffee walk, pullups and dips fasted. From Australia btw.

  13. Avataaar/Circle Created with python_avatars Dill Will says:

    cant you buy a stock say bpth at 7 sell to someone sell at 11 then they seel at 15 and so son to 70+ and so its not always loser and a winner ?

  14. Avataaar/Circle Created with python_avatars Артем Заянчковский says:

    Thanks!)))))

  15. Avataaar/Circle Created with python_avatars Adrian Doe says:

    One of the cool guys

  16. Avataaar/Circle Created with python_avatars Mitch Bromwell says:

    Hello Tim Bohen, ✋
    Thanks for sharing, watching from Kennedy Space Center, Florida 🚀
    Thumbs up 👍 STT 📈📊📉

  17. Avataaar/Circle Created with python_avatars razzy p says:

    Early! … early bird catches the worm! 🤫

  18. Avataaar/Circle Created with python_avatars StocksToTrade says:

    Do you get up early? Are any of these part of your daily routine?

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