How I Start my Trading Day - Pt. 1
This is Part 1 of my trading day. How I start my trading day begins the night before. Part 2 will be the actual trading day itself, which will be a 2-part video.
Pre-Night Checklist: Preparing for the Next Trading Day
Create a Watchlist of Assets
Focus on top-volume cryptocurrencies likely to be in play.
Frequently includes: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, River, Axis, Dusk, XMR, and even meme coins like Doge or Pepe.
Skip BTC and ETH for Daily Review
Already analyzed in-depth.
These tend to move slowly, so prior analysis usually holds.
Technical Analysis Examples (Night Before)
- 1Solana (SOL)
Identify daily support zone between 122-128.
Will look for potential long entries if price returns to that range, especially on large down candles.
- 1River
Price appears to be topping out (~34-35).
Strategy: Short if price sweeps above 35 and closes below previous highs on higher timeframes.
- 1Axis
Similar to River setup.
Look to short if price sweeps previous high, then closes below.
- 1Dusk
Already showing signs of breakdown.
No overnight trade due to high volatility.
Only consider longs if it falls to 10 cents zone (clear support).
Behaves like a pump-and-dump, exercise caution.
Sleep and Mental Readiness
Always aim for 6.5 to 7 hours of sleep.
Trading is a mental performance game.
Treat sleep as essential preparation.
Sleep is like the ultimate mental supplement.
Summary & Key Takeaways
Preparation is everything - reduces being overwhelmed when market opens.
Focus on key levels, not reacting blindly to morning moves.
Use short setup logic: price sweeps key high → closes below → look for entry.
Avoid risky trades without clear setups, especially in volatile coins.
Mental sharpness (via sleep) is as vital as technical strategy.