I note this today as one of my strategy steps is to not have to deal with trading during the day with the exception of new orders at the market open and setting stop loss orders after a new order is filled. There has to be a sense of confidence in the system rather than feeling that it needs to be monitored.
I sometimes leave my trading software running in the background and check prices out of curiosity or to see that my settings are appropriate. Today I have shut it down. I have all my stop orders placed as I have no intention of moving them anyway, so I really don't need to waste time checking on things until after the close to get the final numbers and make adjustments for tomorrow. I might look at lunch time though.
I figure if I write this down I might actually do what I say...which is a big part of this blog in the first place. It gives me some sense of accountability as I can check back to see that I have followed what I said. A kind of "walk the talk" thing.
JD.
Questrade, My direct access discount broker.
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