Setting up a solid pre-market routine is essential, especially when trading with a prop firm account where daily loss limits and strict consistency rules leave little room for guessing.
Before opening any trade, checking high-impact economic news should be your absolute first step to avoid getting caught in sudden volatility traps. Right after that, marking key technical levels and establishing a clear directional bias help keep your execution objective.
Reviewing your trading rules is the anchor that ties the whole routine together. Skipping these checks is often how traders breach their max drawdown limits early in the session.
We would love to hear from the community: what specific steps are in your daily pre-market checklist, and how do you handle news events on your trading days?