The Importance Of Daily Preparation
The importance of doing your
homework the night before to prepare for the next day’s trading session cannot
be emphasized enough. Spontaneous trades are not a good way to make a living.
Routines and rituals keep you in a steady frame of mind and help you focus on
the task at hand–the next day’s trading opportunities.
–from Street
Smarts, by Larry Connors and Linda Bradford Raschke (1995, M. Gordon
Publishing Group, Malibu, Calif.) 7/25/00