1. Start with a Clear Mind
Sleep well – being tired makes impulsive decisions more likely.
Avoid distractions – turn off notifications, close unrelated tabs, and find a quiet space.
Meditate or breathe deeply for 5–10 minutes to calm your mind.
2. Review Your Trading Plan
Look at your strategy rules (entry, exit, risk per trade).
Decide which pairs or markets to focus on today.
Set daily goals, like:
Max trades for the day
Risk per trade
Target profit and acceptable loss
This prevents you from trading randomly or chasing the market.
3. Check the Market Context
Review economic news for the day (like NFP, CPI, central bank decisions).
Note high-volatility times for your chosen pairs.
Visualize potential scenarios: price going up, down, or sideways.
Being aware reduces panic when the market moves fast.
4. Set Your Risk Boundaries
Decide how much money you’re willing to risk today.
Use stop-losses on every trade and stick to them.
Remember: protecting capital is more important than making profit.