Daily/weekly trading routines
The Importance of Structured Routines
Consistent trading routines separate professionals from amateurs. Establishing disciplined daily and weekly habits creates the framework for long-term success, helping traders maintain objectivity and emotional control.
Daily Trading Routine
Pre-Market Preparation (30-60 minutes)
- Review overnight market developments and economic calendar
- Analyze QuantWave forecasts for the trading day
- Identify key support/resistance levels and potential trade setups
- Update watchlist based on current market conditions
Trading Session
- Execute planned trades according to predefined rules
- Monitor open positions without emotional interference
- Document all trade entries/exits with reasoning
- Adjust stops/targets only according to strategy rules
Post-Session Review (30 minutes)
- Analyze all completed trades against the original plan
- Note any execution errors or emotional reactions
- Update trading journal with performance metrics
- Prepare preliminary watchlist for next session
Weekly Trading Routine
Performance Review (1-2 hours)
- Calculate weekly ROI, win rate, and Sharpe ratio
- Compare actual results with QuantWave forecast probabilities
- Identify patterns in both successful and failed trades
- Review adherence to risk management rules
Strategy Assessment
- Evaluate strategy performance across different market conditions
- Check for any needed adjustments or optimizations
- Test new ideas on historical data if applicable
- Plan potential adaptations for coming week
Preparation for Next Week
- Study upcoming economic events and earnings reports
- Review QuantWave's weekly forecast outlook
- Set preliminary risk parameters for the week
- Clean and organize trading workspace
Key Routine Principles
- Consistency matters more than duration - even 15 minutes daily helps
- Physical and mental preparation are part of the routine
- Schedule routines like important appointments
- Include regular breaks to maintain perspective
QuantSchool emphasizes that successful trading is built on these consistent habits. The routine itself becomes the foundation for disciplined execution and continuous improvement.