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In this trader training video Richard goes through the process a trader goes through in the morning. You need to create a replicable process:
Focus on asking questions consistently
1. Allows for comparison of previous situations
2. Ensure full preparation with purpose
3. Maps your day out in terms of timing and strategy
News - Scenario planning
1. Has the news moved the markets - correlations apparent?
2. Could the story be denied - potential trade
3. Is the story developing - possible next steps
4. Are the markets reacting - what development of the story could create one - narrative
development
5. 2nd 3rd order consequences
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