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Nial Fuller

Professional Trader, Author & Coach

10 Ways to Improve Your Forex Trading Routine

improvetradingroutineIf your current trading routine consists of things like habitually checking your smartphone to see where your current trade is at whilst you down a coffee with 2 shots of espresso in it to ‘compensate’ for the 5 hours of sleep you got last night, this article is for you.

Just because you’re current trading routine, or lack thereof, is more of a constant state of confusion and frustration than an actual routine, doesn’t mean you can’t fix it and get on the path to trading success. The tips below will help you build or tweak your trading routine so that you can trade from the peaceful yet confident mindset required for profitable trading…

1. Get at least 7 hours of quality sleep a night

Success begins with proper sleep. As discussed on the page Understanding Sleep on the NINDS website (National Institute of Neurological Disorders and Stroke), adults need between 7 to 8 hours of sleep per night to function properly the next day. You cannot ‘compensate’ for lost sleep via caffeine or any other means; your body will eventually force you to catch up on lost sleep and the time you spend in a sleep deficit will be time spent with your cognitive abilities impaired and running far below their peak.

Needless to say, trying to trade or analyse the market and adhere to your trading plan whilst in a sleep deficit, is just not going to work. Perhaps the first and most important way to ensure a proper trading routine is by making sure you get at least 7 hours of sleep per night.

  • Don’t drink coffee or other caffeinated beverages past mid-afternoon. Try tea instead.
  • Don’t stay up late because you think you can sleep-in the next day. Research proves our bodies function the best when we go to bed with the sun and wake up with the sun. This means going to bed early and waking up early.
  • Create a proper sleeping environment. Typically, this means a room that is cool (i.e. not too hot), dark and quiet.

2. Start your day with a healthy breakfast

I sometimes hear people say, “I don’t have time for breakfast” or “I don’t eat breakfast”, and I immediately feel sorry for them because they simply don’t know what the science says about that.

Breakfast, as the old saying goes, is the most important meal of the day. You just woke up from sleeping (hopefully 7 to 8 hours) and your body is depleted of the fuel it needs to operate properly. Make a point of having a healthy breakfast each morning; think protein, whole grains and some fruit…a Pop-Tart is obviously not what your brain and body need to function effectively and efficiently.

Drink a huge glass of water as soon as you wake up. I drink a lot of water throughout the day and I find that most people I know don’t do this. Drinking water keeps you hydrated and also helps control your appetite in between meals, and since your body is mostly water it only makes sense that you should drink that more than any other beverage.

3. Make exercise a habit

Regular exercise is basically the key to being motivated, alert and focused on everything in your life, including your trading. I personally notice a huge difference in how I feel when I don’t exercise compared to when I have been exercising regularly. Exercise keeps us feeling good both physically and mentally and this is obviously critical for proper trading habits and performance.

It can be tough to keep a consistent workout routine, but I know you know how good it feels to be full of energy and healthy, so the rewards are there to reinforce the action, you just have to get started.

Getting started is often the hardest part of anything in life, and that’s definitely true with exercise. Just sit yourself down and write out a list of all the things in your life that will be significantly improved with regular exercise, and make sure you add ‘trading performance’ to that list. Regular exercise will keep you focused and on-point, it also helps you sleep soundly at night, which as discussed above, is critical for proper cognitive function which obviously is critical for trading success.

4. Have hobbies / social life (avoid becoming a trading addict)

One thing you don’t want to turn into is a trading recluse. You don’t want to be that guy sitting in his underwear in front of his charts, hoping his trades move in his favour and letting every win or loss influence his happiness.

Trading is a way to potentially improve your life, but it shouldn’t be your life. In order to succeed at trading, you need to have outside interests so that you are distracted from over-analysing the market and also so that you feel happy and confident.

If you don’t have any hobbies currently, then find some. Join some clubs, start working out, etc. Even if your hobby is simply hanging out with your family, that’s fine, just don’t be ‘that guy’ sitting in front of his charts for hours on end, because I promise you that’s not good for you or your trading.

5. Start your trading day the night or week before

Make sure you plan out the week’s key chart levels at the beginning of the week. Make some notes about trend, your bias, potential trade setups you see and anything else…as I tell my students, you should make your own market commentary. Make it a part of your trading routine and it will pay off because you’ll have an on-going ‘story’ of where the market has been, what it’s doing and what it might do in the future.

As the famous French microbiologist Louis Pasteur once said, “Chance favours the prepared mind”.

6. Think positive

A positive mindset is important to maintaining discipline and sticking to a trading routine. You can’t get too down after a losing trade (or too up after a winning trade), you need to stay confident and motivated. Take a long-term outlook in regards to your trading and know that your success or failure isn’t determined by one trade or even one month in the market. It takes a large series of trades, typically over a year or more, to really see what your trading performance is. That means you have to stick to your trading strategy and trading plan over that series of trades to really see it working for you.

Check out this article on trading affirmations for some positive things you can remember and repeat to yourself to help you stay on track and continue thinking positively.

7. Master your trading strategy

This may seem obvious, but if you haven’t mastered your trading strategy yet, or if you don’t have a trading strategy, you can’t build a trading routine. Many traders get started on the wrong track because they don’t really have a defined trading method yet, instead, they have a hodgepodge of different methods and trading ‘tips’ they’ve read here and there, all mashed up into one confusing thing they ‘think’ is a trading strategy.

You need a trading strategy that you can learn and master and that makes sense and is simple. My price action strategy is perfect to build a method around because it is an easy to learn trading method yet highly effective and you won’t need any external influences or factors; it’s a self-contained method.

8. Learn to love the discipline of routine

Discipline, routine and patience are things people normally view as ‘boring’ or unexciting, but they shouldn’t be viewed that way at all, especially in regards to trading. You have to understand and accept that these things are how you make money in the market. Once you view them in the light of, ‘discipline and routine are profitable and rewarding’, they will take on a different meaning to you.

One of the biggest problems that traders face, is that they are thinking inverse to how they should be about trading. Meaning, they view being in the market and actively thinking about it all the time and absorbing more and more market information as something that will help them achieve consistent profitability. In reality, and I as I explained here, this is not the case at all. You’ve got to view not being in the market and not interfering with live trades as profitable and highly-valuable situations.

Eventually, when you change your thinking to agree with this reality, you will find yourself loving the discipline, patience and routine of being a successful trader.

9. Think ‘simple’

I am not asking you to think ‘simply’ here, I am asking you to remember that simplicity in all aspects if your trading is key. My article on minimalism in trading will explain this more in-depth. But, essentially, trading is something that is so easily over-complicated by people, that you need to simplify all aspects of it so that you don’t fall prey to over-analysis and over-complication of it.

Strip your charts of all indicators, learn to trade price action, simplify your trading office (you don’t need 3 monitors) and simplify your trading process. When I say “think simple” I am saying, remember that simple is better in regards to trading, I am not asking you to be ignorant. On the contrary, to trade in a simplistic manner and to understand that less is more in trading and trading in-line with that belief, requires a very high form of intellect and self-reflection.

10. Get help from other traders

Learning the routines and approaches of other traders is an invaluable learning tool. Other people have succeeded at trading before you and many people who may not be successful yet at trading can still teach you a lot especially if you’re a beginner. Mistakes can be avoided and you can learn much faster if you get help from other traders or a trading mentor.

Remember; trading shouldn’t be some random event with no structure or solid approach and routine behind it, and if you make it into that you will end up gambling all your money away in the market. You need to develop your own trading routine that fits with your schedule and personality and then stick to that trading routine with ice-cold discipline so that you can see it work in your favour over a sample size of trades so that you have an opportunity to make money.

Check out this article I wrote on my trading routine, and if you want to learn even more about how I trade and my approach to the market, check out my price action trading course and members’ community.

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Nial Fuller

About Nial Fuller

is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
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  1. Solomon Oyeniyi

    Good write-up.Thanks for this guide, this is helpful indeed.

  2. Mathew


    Its very nice and informative..I can totally relate to your article!

  3. marisa

    Great article and smart, realistic goals. Well done Nial, you are the best trading guru!

  4. Matteo Foschi

    Hi Nial!

    This article is simply incredible!

    Thank u for sharing this “secrets”! :-)

  5. Mounir Mohamed khalil

    thank you Niall I’m still at the beginning of the road and your directions tell me that what is y there is hope for success in trading

  6. David Coggon

    Interesting and informative article Nial as always. The only thing I
    would say though is that standard tea is not a decaffeinated beverage, it has significant amounts of caffeine in it.
    Keep up the good work Nial.

  7. Youness

    Hi Nial,

    All the points you made are true, but aren’t achieved by will power, because I consider them a by product of a trained mind.

    That’s why traders may know all the points above and more at an intellectual level, but can’t DO them consistently, why?

    The answer lies in their brain/mind, they haven’t explored/faced and corrected/changed/modified the deeply rooted beliefs (which generates the kind of emotion when the stressor is present) about money, urgency in trading, control of outcome, net worth vs self worth, …etc which causes the mind/brain to be anxious (which fuels fear) whether the trader likes it or not.

    Out of that anxiety and fear, the trader will check charts all the time, won’t have enough good quality sleep, won’t stick to their plan, won’t adopte simplicity…etc, so in my opinion, even if they really would love to achieve all the points in the article, they’ll hit a brick wall sooner or later, their emotional brain will always hijack the rational brain, unless properly trained.

    Any trader can talk the talk, but only a minority can walk the walk.

    Thank you for your article.

    • Nial Fuller

      Youness, great insight, thanks for your comment.

  8. Andres

    Great reading! Thanks Nial

  9. George Botoman

    I like the quote
    ” many people who may not be successful yet at trading can still teach you a lot especially if you’re a beginner”

    This is exactly what is happening, we don’t need to loose hope. there is light at the end of the tunnel. We tend to learn more when we explain to someone.

    Thanks Coach

  10. Zen

    Wow, i do have a trading routine but wow yours just made me sit down and give my routine a face lift from 6am till 5pm

  11. md moinul islam

    Gr8 nial. Pls add an article on how to trade a contest. Tx

  12. clay

    trading is easy,leaving your emotions behind isn’t .

  13. Milutin

    Heheyy… Nial, you made my day :) with that 2 shots of espresso in compensation of sleep… still laughing… all the best

  14. Halilu Yahaya

    Very imformative as usual. Thanks Nial

  15. Igor

    Absolutely accurate and practical advice. I began to earn in the market, when I learned to do what is written in this article. I want to add to the article another point – you need to work hard on yourself and accomplish all that is written in ten paragraphs of the article.

  16. kryss

    yes this is true , I make every afternoon analyses and i feel better if i wake up look at the charts and see if the market comes to me over night or already made some pips overnight. I make a meal like a smoothy something,
    after that go to make a workout to feel better. My blood circulates I I feel fresh and free .
    If the trade goes in my direction the day can just be better .
    At the fist time its very confusing wich trade plan works out better . i have often changed my trading plan because there was still some mistakes or i didn’t trade the right time .
    all 10 points and more are very important . Thank you for writing this article , best regards Krysto

  17. Stella

    A very nice article Nial. That will be very useful to me.

    Thank you for your educative articles.

  18. Eve

    Excelent receipe!