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Just as elite athletes go through a specific warm-up routine for their body and their mind before competing at a meet, we too as option traders need to follow a specific routine/process before we enter a trade and compete in the markets.
Here is the step-by-step routine that I follow each market day when looking for new short-term option buying opportunities.
1) I wake up at 5am Australian time (3pm New York time - 1 hour before the close) and go to the computer.
2) I then pull up the 'real-time' charts in my watchlist and check the DOW, S
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