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Thursday, 04/02/2015 2:02:31 PM

Thursday, April 02, 2015 2:02:31 PM

Post# of 704570

“You should try to express your enthusiasm and ingenuity by doing research at night, not by overriding your system during the day.”



Eckhardt is also referring to overriding your system in this quote. He is saying that instead of making discretionary decisions about your system during the day, you should invest that energy in researching and improving your system.

This has interesting applications to our approach as well. As a general rule, I don’t make trading decisions while the market is open. This allows me to relax and ignore the high stress pressure of a wild market. I make it a point to make all buy and sell decisions in the evening when the dust has settled. This gives me the ability to put a given move in perspective.

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