Trading Was HARD Until I Learned THIS Premarket Trading Secret

Summary

In this comprehensive guide, the Humble Trader unveils his day trading secrets, detailing a meticulous pre-market routine that sets the stage for consistent returns. From waking up at 4:30 AM to scanning for stocks, analyzing news, and performing technical analysis, he shares his strategies for selecting profitable stocks and building a watchlist. He also emphasizes the importance of planning trades and trading plans, offering pro tips and resources for both new and experienced traders, including free alternatives to premium tools.

Takeaways

• 🌞 The speaker's day starts at 4:30 AM, emphasizing the importance of a disciplined morning routine for pre-market preparation.
• 🛠️ A trade ideas scanner is used to find stocks with significant gaps up or down, highlighting the need for a tool to identify potential trading opportunities.
• 📈 The speaker sets specific filters for scanning stocks, such as minimum price change and pre-market trading volume, to ensure they have enough volatility and liquidity.
• 📊 Free alternatives to premium scanners are suggested, like Webull, Thinkorswim, and Finviz, for those starting in trading without incurring additional costs.
• 📰 Fundamental analysis is still important for day traders, even though the holding period is short, to understand the reasons behind significant stock movements.
• 🗞️ News platforms like Benzinga Pro and Briefing.com are used to quickly gather information on news catalysts affecting stock prices.
• 📝 A trading plan is created by compiling information on selected stocks, including their ticker, price, and reasons for gapping, into a Word document for easy reference.
• 📉 Technical analysis is performed to identify key levels, entry points, exit points, and risk management strategies for each stock.
• 📝 A written watch list and trading plan are shared with the speaker's trading community on Discord, promoting transparency and learning.
• 🕒 The first 30 minutes to an hour of market open is considered the most profitable time for day trading, where immediate price movements can be capitalized on.
• 📓 Keeping a trading journal is recommended for tracking performance and behavior, as it aids in continuous improvement.

Q & A

What is the most crucial part of the speaker's trading career?

The most crucial part of the speaker's trading career is the hours of preparation during the morning pre-market trading routine.

What time does the speaker typically start their day for trading?

The speaker usually starts their day around 4:30 a.m., as they live on the West Coast in Vancouver.

What is the first step the speaker takes during their pre-market hours planning?

The first step the speaker takes during pre-market hours planning is scanning for the best stocks to trade using a trade ideas scanner.

What are the criteria for selecting large cap stocks in the speaker's scanner settings?

The criteria for selecting large cap stocks include a minimum change of 2%, a price range from $5 to $400 (sometimes up to $500), and a pre-market trading volume of at least 20,000 shares.

What are some free tools the speaker recommends for scanning stocks and building a watch list?

The speaker recommends using the desktop version of Webull, the scanner on the Thinkorswim platform, and the Finviz platform as free tools for scanning stocks and building a watch list.

What is the purpose of fundamental analysis in the speaker's pre-market routine?

The purpose of fundamental analysis in the speaker's pre-market routine is to understand the intrinsic worth of a company's stock and to identify the reasons behind the stocks' gap up or down overnight.

Which news platforms does the speaker use to help with news research during pre-market hours?

The speaker uses Benzinga Pro and Briefing.com as news platforms to help with news research during pre-market hours.

What is the speaker's approach to technical analysis before the market opens?

The speaker's approach to technical analysis involves charting, planning overall trading strategy, identifying key levels, entry points, exit points, and risk management areas for the stocks they plan to trade.

How does the speaker incorporate earnings news into their trading strategy?

The speaker uses Benzinga and Briefing to quickly read earnings news, the headline, and the summary to understand why stocks are gapping up or down after earnings reports.

What is the speaker's advice for part-time traders with limited time to trade?

The speaker advises part-time traders to focus on the opening 30 minutes to an hour of the market, which is when they can make quick trades and execute the plans they prepared during pre-market.

What does the speaker suggest as a bonus Pro tip for planning trades?

The speaker suggests planning trades the night before to save time in the morning and start narrowing down a list of potential stocks in play for the next day.

How does the speaker emphasize the importance of having a trading plan?

The speaker emphasizes the importance of having a trading plan by comparing trading without a plan to going to war without a weapon or getting married without a prenup, indicating that it is crucial for success.

What is the speaker's routine after the market opens for executing trades?

The speaker's routine after the market opens involves trading from 6:30 a.m. to about 8:00 a.m., executing the strategies mapped out during the pre-market trade planning session.

What is the speaker's view on the importance of preparation outside of market hours?

The speaker believes that most of the work in trading is done outside of market hours and before entering a position, emphasizing the importance of preparation in increasing the chances of success in trading.

Outlines

00:00

📈 Morning Pre-Market Trading Routine

The speaker introduces their day trading morning routine, emphasizing the importance of preparation for consistent returns. They outline their early start at 4:30 AM, quick morning routine, and the process of scanning for stocks to trade using a trade ideas scanner. The focus is on selecting profitable stocks with high range, volatility, and volume. The speaker also shares their criteria for choosing stocks, including price, percentage change, and pre-market volume, and mentions the significance of institutional ownership and short float in their selection process.

05:01

🔍 Tools for Stock Screening and News Analysis

This paragraph delves into the tools used for stock screening and news analysis. The speaker recommends the trade ideas scanner for experienced traders due to its efficiency but suggests free alternatives for beginners, such as the desktop version of Webull, Thinkorswim, and Finviz. The paragraph also covers the use of Benzinga Pro and Briefing.com for news research, highlighting their features like real-time news alerts and pre-market summaries. The speaker stresses the importance of understanding why stocks gap up or down and the role of news catalysts in day trading.

10:02

📊 Fundamental and Technical Analysis for Trading

The speaker discusses the role of fundamental analysis in day trading, explaining that while it's crucial for long-term investors, day traders need a more streamlined approach. They describe how they use news platforms to understand the reasons behind overnight stock gaps and compile this information into a Word document for reference. The paragraph also introduces the technical analysis process, including identifying key levels, planning entries, exits, and risk management strategies for regular and pre-market trading. The speaker shares their strategy for trading stocks that gap up, known as the 'gap of long' strategy.

15:03

📝 Building an Actionable Watch List and Trading Plan

The speaker explains the process of creating an actionable watch list and a detailed trading plan. They describe how they use trading view for technical analysis, identify key levels, and plan entry and exit points. The importance of having a stop loss area for risk management is highlighted, and the speaker shares their method of documenting the plan in a watch list note. The paragraph also mentions the speaker's routine of conducting a live pre-market trade planning session with their community and posting the written watch list at the market open.

20:04

🚀 Executing Trades and Post-Trading Activities

This paragraph covers the speaker's approach to executing trades during market open and the importance of having a pre-planned strategy. They discuss the benefits of trading during the first 30 minutes to an hour of the market open for part-time traders and their personal routine of taking a break after the initial trading session. The speaker also shares their activities post-trading, including mentoring other traders, reviewing trades, and providing feedback. They conclude with a mention of their free weekly watch list email and offer a free strategy session for interested viewers.

Keywords

💡Day Trader

A day trader is an individual who buys and sells financial instruments within the same day, aiming to profit from the fluctuations in price without holding positions overnight. In the video, the speaker emphasizes the importance of a morning pre-market trading routine for a day trader to generate consistent returns.

💡Pre-market Preparation

Pre-market preparation refers to the activities and strategies a trader undertakes before the market opens to set up for a successful trading day. The script details the speaker's morning routine, which includes scanning for stocks and analyzing news, as a crucial part of their trading success.

💡Stock Scanner

A stock scanner is a tool used by traders to identify stocks that meet specific criteria, such as price change, volume, and market capitalization. The video script describes how the speaker uses a trade ideas scanner to find stocks with significant pre-market gaps, which are essential for their trading strategy.

💡Gapping Up/Down

Gapping up or down refers to the price movement of a stock that opens at a price significantly higher or lower than its previous close. In the script, the speaker discusses scanning for stocks that have gapped up or down in the pre-market session, which can indicate strong momentum and potential trading opportunities.

💡Watch List

A watch list in trading is a curated selection of stocks that a trader is monitoring for potential trades. The video script explains how the speaker creates their watch list from scratch by scanning for stocks and performing fundamental and technical analysis.

💡Fundamental Analysis

Fundamental analysis is a method of evaluating a company's financial health and performance to determine its underlying value. Although the speaker mentions that as a day trader, they do not perform this analysis as in-depth as long-term investors, they still consider it crucial for understanding why stocks are gapping up or down.

💡Technical Analysis

Technical analysis involves studying past price patterns and trends to predict future price movements. The speaker in the video outlines a step-by-step process for performing technical analysis on stocks, including identifying key levels, entry points, and exit strategies.

💡Risk Management

Risk management in trading is the process of identifying, evaluating, and controlling risk to minimize potential losses. The script includes the speaker's approach to risk management by setting stop-loss orders and adjusting them based on the stock's movement away from key levels.

💡V-WAP (Volume-Weighted Average Price)

V-WAP is a trading benchmark that reflects the average price a security has traded at throughout the day, weighted by volume. In the script, the speaker uses V-WAP as a dynamic stop-loss level, adjusting it as the stock moves to manage risk effectively.

💡Trading Plan

A trading plan is a written strategy that outlines a trader's entry and exit points, position size, and risk management tactics for a specific trade. The video script describes how the speaker creates a detailed trading plan based on their analysis, which includes a clear plan for entries, exits, and risk management.

💡Humble Trader Community

The Humble Trader Community refers to the group of traders who follow the speaker's guidance and strategies. The script mentions that the speaker shares their watch list and trading plan with this community on Discord, fostering a collaborative environment for traders to learn and grow.

💡Swing Trading

Swing trading is a trading strategy that involves holding positions for several days to weeks, aiming to capture gains from short-term price swings. The speaker mentions occasionally reviewing a swing trading watch list and taking trade ideas that align with their strategy and risk tolerance.

💡Trading Journal

A trading journal is a record of all trades made by a trader, including details about the trade, the rationale behind it, and the outcome. The speaker in the video strongly advocates for keeping a trading journal to track performance and improve trading behavior over time.

Highlights

The importance of a pre-market trading routine for day traders to prepare for consistent returns.

Waking up at 4:30 AM and beginning the trading desk routine by 4:45 AM for West Coast traders.

Utilizing a trade ideas scanner to find Gap Ups or Gap Downs in stocks every morning.

Setting up filters for scanning stocks based on price, percentage change, and volume.

The significance of short float for large and small cap stocks in trading decisions.

Color coding large cap windows to identify high volume stocks for potential trading.

Recommendation of trade ideas scanner for experienced traders and its cost-effectiveness.

Alternative free tools for new traders to scan for stocks and build watch lists.

Fundamental analysis as part of the pre-market routine to understand stock movements.

Using Benzinga Pro and Briefing.com for news research and real-time alerts.

Creating a Word document to compile stock information and trading plans.

The value of pre-market planning in saving time and improving trading outcomes.

Technical analysis steps including identifying key levels, entries, exits, and risk management.

Live pre-market trade planning sessions with a trading community on Discord.

The necessity of building an actionable watch list for self-reliant trading.

Executing trading strategies during the market open based on pre-market planning.

Advice for part-time traders to focus on the first 30 minutes to an hour of market open for quick trades.

The importance of trading with a plan and avoiding unprepared market entry.

Pro tips for planning trades the night before and keeping a trading journal for improvement.

Transcripts

have you ever wondered what it's like to

succeed as a day trader and what exactly

is a step-by-step process every single

morning to generate consistent returns

well I'm here to Spill the Beans today

to me the most crucial part of my

trading career definitely has to be the

hours of preparation during my morning

pre-market trading routine in this video

I'll be sharing exactly what I've been

doing as a day trader during my

pre-market preparation I'll be guiding

you step by step on how I scan for

stocks and do news analysis how I

perform technical analysis on the most

profitable stocks how I create my watch

list from scratch how I trade my plan

once the Market opens as well as some

Pro tips based on over eight years of

experience that I'll be sharing with you

today

so if that sounds good to you please

remember to smash the like button and

now let's get started with my pre-market

planning routine

so my day usually starts around 4 30 a.m

in the morning since I live in Vancouver

here on the West Coast I wake up without

snoozing the alarm do my morning routine

really quickly in 10 minutes and then

I'm at trading desk by 4 45 AM

yes I used to wake up even earlier and

do the morning stretches yoga and all

that stuff but uh no I'm getting old

okay 4 30 a.m is enough I can't do that

much in the morning anymore but good

thing is my office is literally 10 steps

away from my bed

once I get to my trading desk right here

this is where the real work happens my

first step I do during my pre-market

hours planning is scanning for the best

stocks to trade selecting the right

profitable stocks to trade is very

important because you need to make sure

you're choosing stocks that's going to

give you a lot of range volatility and

volume to profits from today I'll be

showing you my strategy step by step on

how I find the best stocks to trade

during pre-market hours so over here on

my screen you're looking at my trade

ideas scanner this is the scanner I use

to find Gap UPS or Gap Downs on the

stocks every single morning and you can

see over here we have this window here

pre-market top gainers this is what I

used to scan for cheaper stocks or small

cap stocks to trade this window is for

large caps that includes mid caps big

caps and also the mega caps in this

window I don't use as often but this is

why I used to find the stocks I've

gapped down instead of gapping up

so let me show you how I set them up so

really simple here if you go click the

right hand side and configure you're

gonna see my filters I have my filter

set super wide this is a small cap

filter which we're not going to talk

about but let me just show you kind of

what it looks like I want to scan for

small caps that's you know minimum price

at a dollar and then change from close

15 percent minimum I used to have a

market cap here which you can still do

but I think I just removed it

but for large caps that's kind of the

focus here so my large cap criteria

window is like so uh minimum change is

only two percent uh price five dollars

to four hundred dollars sometimes I'll

increase it to 500 price range that's

okay range and volume I want uh

pre-market to be trading at least 20 000

shares

in market cap I have of course over here

that's my criteria so whichever scanner

you use you want to make sure you have

obviously the symbol price the float

percentage change and volume today

um that's gonna be the pre-market volume

um average daily volume and the market

cap institutional ownership

um and then if you click

um so for example let's say I want to

see I traded Google on this day if you

click on the stock you open this up

window to see the details about the

stock analysis

so you can see that uh it shows you the

float the huge float Micah cap 1.3

trillion only

um and then and really important is like

the short float for large caps generally

they're really small like less than one

percent but when you're trading a small

caps this this shorts float is more

significant so it's from these three

scanner Windows now I'm gonna choose the

stocks to trade so normally yes I care

about percentage change as well as

volume today which at the time when

you're doing this planning pre-market is

pre-market volume so I always lean

towards trading stocks that trade in

really high volume pre-market now for a

large caps same idea I want to see

stocks that are trading really high

volume with a huge gap up so you know I

color coded my large cap window so the

ones that are trading really high volume

will stand out with highlighted colors

so I'll trade this one this one

um gu is a potential as well again seven

percent Gap up 300 000 shares uh Robin

Hood this one will also be a good one

um as well as Google down here you can

see trading 2 million shares pre-market

so that's really high with a 2.7 Gap up

the scanner I used to find my stocks to

trade every single morning is trade

ideas scanner yes it's a premium scanner

so it does cost I think 100 per month if

you are more experienced though I

definitely recommend using them because

it's Gonna Save you so much time during

the pre-market hours when you are

building a watch list and once again

remember it's a tax write-off

however if you're relatively new to

trading you really don't need to

purchase any of these fancy premium

scanners I was once a new Trader many

years ago and I definitely didn't pay

for any premium scanners until my year

number two if you're just starting out I

highly recommend you to minimize your

expenses like these and leverage free

tools so instead of trade idea scanner

here are three free tools for you to

scan for stocks and build the exact same

watch list option number one weibo

platform on desktop version the desktop

version of weibo has a screener feature

not all of these details like the floats

average a volume or short interest are

there but it gets the job done basically

just scanning for the highest percentage

gapper on the day each morning during

pre-market sessions free option number

two is think with swim platform

thinkwell swim has a built-in scanner

that's even available on the paper

trading version I believe again it's not

perfect but the scanner would be able to

scan for most gappers every single

morning the same could be said about

interactive brokers tws as well the

third free option is finvis but the free

version of invis will only be able to

show you the percentage gappers after

the markets opened and it's a 15 minute

delay so keep that in mind so now that

you know how to scan for stocks gapping

up overnight to trade with either the

free tools or the premium options like I

have there's no excuses not to do these

simple steps during the pre-market hours

and for those interested in the trade

idea scanner you can now download my

exact trade idea scanner settings in the

link down below

all right once I'm done scanning for

stocks in play that have gapped up

overnight and have narrowed down the

selection to four or five stocks in the

next process is where I'll do my

fundamental analysis to build my watch

list

step number two fundamental analysis

most of you probably already know this

fundamental analysis is a method to find

the intrinsic worth of a company stock

by checking its finances filings Etc

it's very crucial if you're investing in

the stocks long term however when you

are day trading these stocks your

holding period is really short you're

buying and selling the stocks within the

same day so yes while fundamental

analysis still matters but as a

short-term Trader you don't need to

perform this analysis as in depth as you

would if you were an investor during my

pre-market's fundamental analysis and

basically reading all the news catalysts

on the four or five gappers that I've

selected from my scanner essentially I

want to know why these stocks are

gapping up overnight with so much volume

when you're reading the news you should

note any earnings major geopolitical

events corporate news mergers

Acquisitions changes in management

basically anything that's contributing

to the stocks gapping up or down I know

the internet can be a huge dock pile of

unsorted information and all that mess

so to scan for the news fast enough and

get all the information I want as a

Trader during pre-market hours I use two

tools to help me number one is benzinga

pro and number two is briefing.com let

me show you how to use both of these

news platforms

so over here you're looking at benzinga

Pro this platform is web-based and it's

essentially a news feed service for

Traders but also has some scanner

components to it

so on the right hand side on the details

tab that's where you see all the news

news tab over here for the individual

stocks and I use a calendar function and

earnings over here a lot to look at the

stocks earnings reports on the left hand

side is a scanner I don't like their

scanner as much as trade ideas so I

mostly use benzynga just for news

research so if we go to earlier on some

of the stocks that we looked at for

example Google on the Gap up I think

like three percent gappa that we saw we

can see look for why the stock is

gapping up

so you can scroll down on the with news

window and see all the historical news

events for the stock so if you miss one

day of trading it's really easy to find

the information you need on any given

day you can see on this particular day

Google stocks gapping out a lot higher

on continued momentum following the

company's event revealed yesterday and

it's during that events that they talked

a lot about AI including searching

including Gmail over here

so you can see from a lot of these news

headlines analysts love what they saw

and that's why you have a lot of

upgrades from Oppenheimer Bank of

America and JP Morgan the next day

that's also helping with the overall Gap

up as you probably know by now some of

my favorite stocks to trade are the ones

that are gapping up or down after

earnings and using benzinga and briefing

are just really quick ways for me to

read the earnings news the headline as

well as the summary and remember earning

Seasons happen four times a year so

basically I use trade ideas to select a

couple stocks and I use benzinga to find

out why the stocks are gapping up or

down and then I'll paste everything that

I have got gathered into a Word document

so it'll be something like a ticker

price and the reason why the stock is

gapping up or down so I can really

quickly see it and remember

so this is how I start putting together

my trading plan so basically all these

watches are in this little folder I have

years of these like watch lists in my

little notepads uh with the tickers the

summary and the trading plan and

basically these same watches is shared

in Humble trailer community on Discord

so you see the exact same thing that's

posted every single day pre-market at

nine o'clock Eastern time so basically

you can see all these watches as text

commentary over here that's the game

plan for the day and as well as a

recording of the trade planning process

over Zoom besides the news Catalyst

research that you just saw on benzinga

Pro another extremely useful feature is

a Squawk Box over here on the top left

hand side now this is where you're gonna

hear benzinga Charlie AKA my one shoe

love announce out loud the real-time

news alerts headlines and any breaking

news and most times he's gonna be saying

it really fast before anything can be

written or published online on the

online article sites once again every

millisecond counting trading and the

reason you're paying for these tools is

so it can save you time you can use that

time to make money I know this

pre-market Street planning process may

not sound sexy nor fun but trust me if

you do just this one thing every single

morning you are already off to a way

better start than 90 percent of other

Traders out there the truth is most of

the work in trading is done outside of

Market hours and definitely before you

enter a position it's a preparation that

you must put into your trades either

pre-market after hours or before bed

that's going to give you a better chance

of making it in this game the next tool

I use for stock analysis is briefing

bring living is another premium

subscription service for news and

fundamental analysis but I would say the

research on briefing goes a lot more in

depth for the large cap stocks

especially if I want to research stocks

that are gapping up due to earnings

reports every single morning pre-market

they provide you a very detailed

pre-market Gap up and gap down summary

with key stocks in play and the

headlines

so it looks something like this you can

see all these stocks are gapping up and

they give you a summary of why so that's

also a really quick way to just scam for

stocks and get the new summary at the

same time both of these news platforms

like benzinga and briefing they are

premium paid resources and essentially

you're paying for the convenience to

save time every day during pre-market

hours but you know me I always provide

you my subscribers with a free

alternative these three options they may

not be as fast because they are often at

least 15 minute delayed but they do get

a job done when it comes to news

analysis these free resources are stock

market watch and film this once again by

the way I know I don't talk about

fundamental analysis that much on this

channel but if you want to see me going

over in-depth fundamental analysis

strategy then comment my ex-husband's

name Mike bag holder down below

because I fundamentally should have

ended that marriage way sooner

now it's around 5 15 a.m or 8 15 Market

time with my stocks and news fresh on my

notes it's time for us to do some

technical analysis so exciting this is a

time where playing out my trades do some

charting and plan out my overall trading

strategy before the Market opens so what

I'm about to show you is a step-by-step

process for creating a trading plan that

includes entries exit and risk

management for regular hour trading as

well as pre-market trading

so over here back on my trading view

platform let's take a look at Google

once again so you can see this day when

gapped up and showed up on a scanner

like earlier it was trading at around

115. now if you look at on a daily chart

over here if you zoom out on the daily

chart

you can see the stock is gapping up to

some major key level on the deity now

this could act as resistance but if it's

broken out and held above it it's gonna

become new support so that's the reason

this is the most important area and

that's going to be what I call the key

level on the stock and if the stock is

able to break above that level and hold

above it then you're upside to the next

level which is around 117 over here on

the upside for the stock so when I'm

planning for this strategy by the way

this is also a strategy that I've talked

about many times before on the channel

the gap of long strategy if the stock

that gaps up with positive news is able

to hold above daily key level then it's

a long every single dip especially about

v-wap to the upside

so once you've done the basic technical

analysis on the daily chart and find the

overall sentiment and thesis step number

two is to find your perfect entries and

exit levels this step is very important

because while yes you want to see the

stock going to hit your price Target in

this case 117 118 you also want to be

prepared in case it doesn't go according

to your plan so that's why you need to

have a stop out area for risk management

so in this scenario earlier we talked

about the entry will either be a break

of the key level 115s on The Daily or

every single dip at view up here or here

and the price Target will be on the

daily resistance levels all the way

around this is what 1 16 80s and then

118s all the way up here where you see

some resistance for the stock and the

most extreme one will be 121 so those

will be your price charge gets and the

stop loss in this case overall big

picture I prefer to use 115 however as

the stock gets further and further away

from the key level you want to use v-wap

as your next stop you don't want to risk

all the way down here so I'll be loaning

here over 115 still upside and have v y

be the stop loss area

and once I have the basics of my plans

with the fundamentals the technicals key

levels and entry points that's when I'll

quickly type them out on the watch list

notes like you've seen earlier which I'm

gonna be sharing with my humble Trader

community members in just a little bit

at 5 30 a.m local time or 8 30 Market

time each morning my team and I do a

live pre-market trade planning session

with everyone in my Discord community so

all the Traders can truly understand our

thoughts process news analysis and

overall technical analysis sentiment of

the stocks in play at 6 am at local time

or nine o'clock Market time once the

pre-market trade planning is done the

written watch list is then posted to my

Discord trading Community very important

to note here learning to build an

actionable watch list is not the same as

just following buy or sell alerts when

you follow alerts you're just blindly

getting in and out and you'll learn

nothing and will never be able to trade

on your own but when you learn the right

process and plan for your own trades all

the entries exits key level and of

course risk management area you're

learning to think for your self and

warming up your trading skills the right

way every single morning okay so now

that all the hard work is done during

pre-market hours we have our stocks to

trade we have the technical analysis

fundamentals and the written watchless

and trading plan it's time for us to

start trading at 6 30 a.m or 9 30 a.m

Market open

so I'll trade from the market open 6 30

a.m my local time to about 8 o'clock and

execute on all the strategies I mapped

out beforehand during my pre-market

trade planning session and what's so

great about trading the open in the

first 30 minutes of the day is that you

almost always get immediate price

movement on the pre-market gappers

so basically all the planning and

thinking was already done before the

market even opened and atom opened when

the bell rings I just click buy or sell

or stop out when the stock crosses the

key levels I planned out that's why it's

so important for you to learn to plan

your trades and trade your plans

trading in the stock market without a

plan is that going to war without a

weapon or getting married without prenup

okay I'll stop

and if you're a part-time Trader who has

a limited amount of time to trade before

having to go to work the opening 30

minutes to an hour will be perfect for

you that's when you can make the quick

trades execute the plans you prepared

for during pre-market and be done with

trading for the day and get on to work

hopefully on time

usually I'm done with most of my trades

by nine o'clock my local time well 12

o'clock Market time after this I'll take

a 30 minute power nap grab a snack and

come back to my trading desk because

even though I'm done with most of my own

trades I planned out earlier this

morning my day is far from over

midday during Mica hours is when I spend

the significant amount of time helping

other Traders within my community I

answer direct messages reviewed trades

and provide feedback on all the charts

that's posted on the channel I know some

of you might be asking right now really

humble Trader you're done trading at 12

o'clock you still have the entire

afternoon Empower hour don't get me

wrong when I first started trading I

will find time during my lunch break

from my nine to seven job to try to

trade on my phone during the afternoon

Empower hour however I've discovered

that after a certain time in the market

I start boredom trading or Revenge

trading and just like my marriage my

ex-husband that leads to disasters and

empty bank accounts remember trading

full-time doesn't mean trading all the

time it means to fully optimize the

hours where you are the most profitable

and stop trading when you start giving

back your profits that's why I allocate

most of my hours after 12 pm Market time

to mentoring other traders in my

community about once a week or so I'll

go check out a brand swing trading watch

list and if I see a stock that aligns

with my strategy risk tolerance and

trading plan I'm gonna take the swing

trade idea from his swing trading watch

list okay I know I just do a lot of

information at you if all these

pre-market trade planning process seems

overwhelming don't worry well you're

learning robes on how to build your own

pre-market trading routine I can help

you at least narrow down some stocks to

trade I have a free weekly watchless

email that I send out every single

Sunday the link is in the description

below

now that you know my exact pre-market

trade planning routine who would I be if

I didn't provide you with some bonus Pro

tips Pro tip number one plan your trades

the night before to save some planning

time for you the next morning I

recommend you to start narrowing down a

list of potential stocks in play for

tomorrow these will often be the top

gainers on the day basically the stocks

that's holding the strongest breakout at

the end of the day each day again you

can easily find these stocks on your

trade ideas scanner or even on the free

resources as well second Pro tip keep a

trading journal well if you've been

following my channel for a while then

you know I'm a big proponent of keeping

a daily trading journal it's important

for you to track your trading

performance as well as key data about

your behavior remember what gets tracked

gets improved if you're looking for a

free journal to get started you can get

1 for free down below if you enjoyed the

video please remember to drop a like And

subscribe if you're looking for a

training mentor to work with you

one-on-one we have a few very limited

spots open you can book a free strategy

session with my team down below thank

you guys so much for watching as always

I'm the humble Trader and I'll see you

guys next time