20 Habits of HFTs

d

Habits

1-5

Playbook

Daily

Archive a Setup That Makes the Most Sense to You

Reverse Engineer The Best Trades of the Day

Record Your Trading Screens

Take Notes of Important Moments for the Stocks You are Trading

Watch Back the Important Moments

Improve Your Tape Reading Skills

This is the most important indicator for active Traders

The Key If you Want to Be 7 Figure Trader

Mindfulness

Your mind can be a source of edge

Headspace

Muse

Sleep Properly

Develop An Optimal Sleep Routine

Same time to Bed

Measure Your Sleep & Connect Its Correlation With Performance

Consider Decreasing Risk When You Sleep Poorly

Logging Trades

Tag Trades

Daily Journal

Measuring Trades

Gift Yourself Valuable Trading Stats

Monthly Stats

Review

6-10

Book of Charts

Over the weekend, Review Book of Charts

Find the Chart of The Day

Internalize The Most Powerful Chart Setups

Habit of the Big Dawg

Exercise

Develop A Weekly Plan

Execute

Fitness can be a source of edge

Diet

Food can be an edge

If you are not disciplined when you eat, be

Mentoring

Listen the best

Be Present

Ask Good Questions

Technology

Improve your technology,

Alerts

Scripts

Models

Build a Filters / Bots

11-15

Daily Report Card

Send a Daily Report Card

Pick One Goal

Work intensively on This Goal

Develop Solutions to Achieve This One Goal

Complete a Report Card At End of Each Trading Session on the progress for that one goal

AM Prep

Prepare for the AM Meetings Like You Are Going to Run the Meeting

Build Your Stock Selection Skills

What You Trade is More Important Than How You Trade

Game Plan Before AM Meeting

2 to 3 Ideas for the Day

Great Longs & Shorts In Names You are Covering

What is your Top Idea?

What Stocks will receive the Most Focus?

What Will You Set Alerts for Trade Only If?

It is easy to lose sight of Where You can Make the Most Money With the Markets Open

Game Plan Big Trades

What is the Next Big Trade?

How will you react?

Risk?

Target?

Exit?

Trade Plan?

Talk to Traders

Learn from Junior / Senior Traders

They Will See Things That You Missed & From Which You Can Learn

Gaining Trading Experience By Talking To Others

16-20

Daily Gratitude

Three Things You are Grateful Each Day

Train Your Brain

Electronic Performance Athletes

BrainHQ.com

Tom Brady Uses This

Data Processing Athletes

Relationships

Friends

Family

Children

Learn Daily

Daily Improvement

ShortForm

Audible

Rip Through The Charts

Develop A Daily System To Rip Through Charts

Weekly

Daily

60M

Daily / Weekly Charts

Longer Term Breakouts / Breakdowns

Shark Does This Very Well

General

SMB Challenge

A.

Create a Daily Routine Filled With Effective Habits

B.

Execute

C.

Make It Your Own

D.

What You Do Determines Who You Will Become As a Trader

One Good Trade

A.

Big Picture

B.

Trade Strategy

C.

Intraday Fundamentals

D.

Technical Analysis

E.

Reading the Tape

F.

Trade Management

G.

What Could you have done better?