Daily Schedule - October 2010

Daily structure is critical to keep you focused on your immediate and long-term goals.  Just like every trader should construct a detailed trading plan, traders should also construct a daily plan that makes the best use of their time and helps direct their energy and efforts.  Below is my current daily schedule that will be updated as necessary:

• 6:00am - Wake up
• 6:00-6:30am - Morning workout (optional)
• 6:30-7:00am - Shower, dress, eat breakfast
• 7:00-7:30am - Read trading blogs, archive important posts, scan news headlines
• 7:30-7:45am - Prepare trading watchlists for the day, and setup backtest research models
• 7:45-8:15am - Commute to work
• 8:15am - Begin work for the day, run backtest models, follow SPY and IWM activity
• 10:30am - Run morning breakout scans
• 12:00-12:30pm - Lunch, read Briefing.com news items, read trading blogs, archive important posts
• 12:30pm - Continue work, run backtest models, follow SPY and IWM activity
• 2:45pm - Run trading strategy scans and simulate trade orders
• 5:00pm - Archive important news events, update market breadth indicators
• 5:15pm - Document results for trading strategies
• 5:30-6:15pm - Commute home
• 6:15-7:00pm - Evening workout (optional)
• 7:00-7:30pm - Shower, dress, eat dinner
• 7:30-8:00pm - Create Market Report and post daily accomplishments
• 8:00-10:00pm - Miscellaneous activities (work on blog, improve spreadsheets, read, martial arts, etc.)
• 10:30pm - Go to sleep