The Pre-Market Routine That Separates Profitable Traders From Everyone Else | The Trading Room Ep 2

Join Tao Weekly FREE: weekly market outlook before Monday's open, chapter 1 of my Amazon bestseller, live events, and 30 years of trading insight delivered straight to your inbox → https://www.taooftrading.com/tao-y This series will change how you trade →    • Watch These Before You Place Another Trade   My weekly market breakdowns on Substack → https://substack.com/@taooftrading Most people think trading means staring at monitors all day, mainlining coffee, and reacting to every CNBC headline. That's a film set, not a trading desk. In this episode of The Trading Room, I sit down with host Hisham to unpack the actual routine behind 30 years of professional trading. I spent over a decade as head of the Goldman Sachs Markets Desk for Australasia, ran a desk at Citibank Singapore, and went on to found Tao of Trading and write the Amazon #1 bestseller The Tao of Trading. Spoiler: it takes 20-30 minutes a day. Prep happens while the market is closed. Orders go in once the market is open at 9:30pm Singapore time. Then it's lights out. In this conversation you'll learn: → Why activity and progress are NOT the same thing (and why most retail traders confuse them) → The exact 3-step routine: scan, entry, risk definition → Why "cash is a legitimate position”, and how doing nothing is the hardest skill to learn → The "point of invalidity”: the one number you MUST know before any trade → Why a 60% win rate with 2:1 reward-to-risk beats a 90% win rate every time → Why "conviction is for criminals" and what to do instead → The Bruce Lee quote that cuts through 90% of retail trading noise → The four psychological mistakes draining your account (revenge trading, position-checking, forced trades, over-diversification) If you've ever said "I'll start trading when life slows down”, watch this. The process doesn't need more of your time. It needs your discipline. SUBSCRIBE so you don't miss the next episode 00:00 Why Time Is a Myth 01:43 Screen Time Hurts Trading 02:44 Do the Work After Hours 03:25 30 Minute Scan Routine 04:41 Cash Is a Position 05:26 Plan Entries No Chasing 06:17 Define Risk First 08:05 Set Orders Then Sleep 09:25 Simple Not Easy 10:23 Win Rate vs Expectancy 11:59 Mistakes With Day Jobs 13:38 Process Beats Psychology 15:10 Who Trading Is For 17:04 Where to Follow Weekly 17:47 Wrap Up and Next Week #OptionsTrading #StockMarket #TradingPsychology #SimonRee #TaoOfTrading #RiskManagement #DayTrading #SwingTrading #InvestingForBeginners #FinancialFreedom #TradingRoutine #TradingStrategy #LearnToTrade #WallStreet #GoldmanSachs #TradeSmarter #TradingMindset #PositionSizing #RetailTrader #OptionsStrategy #StockMarketEducation #TradingForBeginners #PassiveIncome #FinancialEducation #TradingLife #TheTradeRoom #TaoOfTrading #TradingRoom #HishamRaj #MarketAnalysis #RewardToRisk #TradingDiscipline #SmartInvesting #PartTimeTrading #MinimalistTrading #ConsistentProfits #TradingSystem #StockMarketTips #InvestingEducation #FinancialIndependence DISCLAIMER: This content is for educational purposes only and does not constitute financial advice in any jurisdiction. Trading involves risk, including the potential loss of capital. Past performance is not indicative of future results. Please consult a licensed financial professional before making any investment decisions.