Many people ask me, "Markus, what is
your morning routine?
When you go up what do you do before
you start your trading day?" Because
as you know, yes, I am an active
trader. I'm pretty much trading
every day. At least I'm following
the markets every day.
Not every day I see trading
opportunities but when I do,
I definitely take these
trade. So let me show you exactly
what my morning looks like.
I will show you exactly
when I get up, what do I do in the
mornings and also the newsletters
and the news that I like to read
where do I get my information
from. So all the times
that I'm writing down here are in
Central Times because I am
in Austin, Texas.
By the way, how do you like this?
Isn't that cool that I can write and
you see it here right on the screen?
First time I ever did it and I'm
loving it. So anyhow, let's
get into this. So here's
what my morning looks like.
At 7:00 AM Central Time, this
is
when the alarm goes off.
Now, this does not mean that I'm
getting up.
I'm the kind of person who needs
some time in the morning.
So after the alarm goes up, I
take my time waking up.
And what I do is usually
I read a little bit, I
meditate.
doesn't really go that well, I'm not
great at meditating, but I'm also
journaling.
So this is what I do for
approximately an hour.
So for me, I really take
my time before I'm getting up.
At 8 o'clock
this is when I'm actually
getting up, so this is when I
take a shower, brush my teeth, the
usual, right? I mean, and I'm pretty
quick in getting up.
So this where at 8:15,
I'm sitting in front of my computer.
Now again, all times are in Central
Time. So for me, the
exchanges open at 8:30.
So here's what I do
when I'm sitting in front of the
computer 15 minutes before the
markets open.
When I'm trading the binary
power spreads in the morning,
this is what I place the trades
between 8:15 and 8:30.
So this is when I'm trading
power spreads.
Then I like to read some newsletters
and I'll show you exactly what
newsletters I like to read.
And these newsletters are free
so you can sign up for them as well.
I like to double-check
my trades, because, as you know, I'm
using the software PowerX Optimizer
and I'm running it at night, so at
night I'm getting the trades for the
next morning.
Usually, I'm placing my trades the
night before, but in the morning
I like to double-check it because
when I'm up at 8:15,
this is when I'm usually wide awake
and so I just wanted to make sure
that the evening before I wasn't
cross-eyed or too tired.
So this is why I like to
double-check my positions and
my trades.
And then usually at
8:30 markets open.
So from 8:30 to 9:00
that is when
I'm actively trading.
Now, why don't I trade longer than
nine o'clock? Because usually after
nine o'clock, not much is happening.
Usually, the trades that I place are
getting filled in the first 30
minutes. If they don't, there's no
point for me of watching the
markets all day long.
It'll just drive me crazy.
So, therefore, as you can see, my
workday is only from,
let's say, 8:15
to 9 o'clock.
This is when I'm actively focusing
on trading.
Now often I like to watch the
trades going into the close.
Okay, anyhow. Before I show you the
exact newsletters that I read
and how you can get them into
delivered into your inbox as well
for free.
Let me ask you this, is this making
sense thus far?
Is this helpful to get a little bit
of a feel of what I do?
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all right. One of the newsletters
that I personally really enjoy
is the Wall
Street Breakfast from
Seeking Alpha.
So the website is called
seekingalpha.com.
And when you go there, to
seekingalpha.com and
you scroll down a little bit, you
will see that there's the Wall
Street Breakfast.
I'm going to click on this here, so
you can subscribe to this
newsletter, it's free when
you do this is where you're getting
automatically getting it into
your inbox every morning.
And that's what I do.
So you see this where it usually
arrives at around 7 AM Eastern
Time. So for me, that 6:00
AM way before I wake up.
But this way, it is in my inbox when
I wake up. So here it says
Wall Street Breakfast record spike
in jobless claims.
And you see it gives you a brief
synopsis of what's going on.
Volatility is returning to the
markets as U.S.
stock futures climbed 2% overnight.
So breaking down the data, this for
the unemployment news, it will
be a turbulent earning season.
Then you see Wall Street advising
treasury on stimulus.
So there's a few things
and I just found it interesting.
Now, I'm not using this information
to trade. And here's why.
You know me, I like to trade
what I see, not what
I think. This is what it is all
about, right?
But for me, I do not watch any
news. I don't have cable TV and
therefore, this here is
basically letting me know what's
happening in the financial world.
So, you can very easily
subscribe to this just go to
seekingalpha.com.
I will link to seekingalpha.com
in the description here to make it
easy for you to sign up for this
newsletter. And I found it helpful.
Just check it out.
Like I said it's free and
it is sponsored as you can see by
advertising this is why you see
a lot of ads on this site here.
But I like this very
much. All right, another newsletter
that I just recently subscribed
to, I think I've had it now for two
weeks is Morning Brew.
Honestly, I did not know about
the Morning Brew newsletter.
Somebody recommended it to me and
said, "Hey, why don't you look into
Morning Brew?" and I like it a lot.
Again, I'll put a link in the
description.
So this is another newsletter that
is being delivered to you every
single morning.
It tells you what the markets did
the night before.
It tells you about
right now the CARES
package. I think that is what it is
called, right?
The 2 trillion stimulus package
and shows you what is happening
here. I just found it interesting.
I'm not quite sure if I will
continue reading it.
It is OK, but I must say
Seeking Alpha for me personally,
I find this better.
But hey, I subscribe to it two
weeks ago, thus far I'm enjoying it.
So I thought that you might enjoy it
too. Another thing that I like to
take a look at it is briefing.com.
Briefing.com shows me what
is happening throughout the markets.
Now, I only go there if
I see a massive spike
throughout the day.
And this is when I want to know,
hey, what happened here?
Why did this tremendous spike
there? So they update it
approximately every hour.
It is briefing.com.
I'll also link to this in the
description that you have the links
altogether.
Now, finally, a newsletter that
I believe that you should be reading
is the newsletter that I'm
sending out every evening.
And I'm sending it out every night
at 5:30 Central Time.
So you're getting it 5:30 or 6:30
Eastern Time.
And I'm also sending it again
the next morning because I know
in mailboxes it gets busy, right?
So this is where it might get lost
and I think it's a pretty good
newsletter.
My head coach Mark Hodge and I,
we're writing it in
the evening so in the afternoon,
after the markets are closed and
you'll see it looks like something
like this.
So this is the one from yesterday.
Trump says, "Be prepared for a very,
very painful two weeks and the Dow
drops 974 points."
This is what happened yesterday.
So I give you a quick summary, as
you can see, it is like a
60 second summary
of what has happened today
so that you are informed if you are
not following the markets as closely
that you know what happened.
Where are the indices?
How is crude oil doing?
So, and what are some
major stocks that
have moved the markets?
So is this helpful?
This is my morning routine.
So as you can see, nothing
magic about this.
So one of the questions that I
received is, "Do you need a
so-called squawk box
or a Bloomberg terminal?"
I don't.
I don't know what for.
As you can see, these are free
newsletters here.
Super easy to get, like I said I'll
link to it in the description.
Now, I hope that you find this
helpful and this helps you with your
morning routine, whether you're a
new trader, an aspiring trader,
or you're a seasoned trader.
So this way you are informed of
what's going on in the markets.
Now, keep in mind, in order to make
my trading decisions, I only
look at the charts and
at the indicators because
you want to trade what you see,
not what you think.
And this is where I'm using my
software The PowerX Optimizer.
But I believe it's always good to
know what's going on in the world
and what are traders
and investors are focused on.
Well, hope this helps.
And if it did, give
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