| All of your market and strategic analysis should be done before the markets open. |
| The strategy design should be clear in your mind. You should have the historical |
| Performance Summary of your strategy at your fingertips to remind you of the |
| personality of the strategy, how much money it has made over time, and what its |
| largest string of losses in a row has been. You should know what kind of orders |
| you are going to place, and how you are going to communicate this to your |
| broker. |
| The last thing you should have to worry about during market hours is where the |
| market is going, and whether to be long or short. Your strategy will tell you all of |
| this. You should not be concerned about the news, or even if you are making or |
| losing money. You should not be concerned with analyzing the market, always |
| reserve this for when the market is closed. |
| The only thing you should be doing during market hours is concentrating on |
| effectively executing your strategy. If you can’t execute your strategy effectively, |
| there really is no point in trading. There are two sides to trading, strategy |
| development and trading execution. During market hours is when you should |