20 Habits of HFTs
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
Create a Daily Routine Filled With Effective Habits
Execute
Make It Your Own
What You Do Determines Who You Will Become As a Trader
One Good Trade
Big Picture
Trade Strategy
Intraday Fundamentals
Technical Analysis
Reading the Tape
Trade Management
What Could you have done better?