Trading quote of the day

I’ve traded for 15 years, but spent the first half of those years dabbling in every strategy imaginable. In the past few years, I’ve settled into the ones that work for me, with my biggest mistakes happening when I sacrificed my principles for the sake of adapting to a faster market. It’s never been worth it; for every good stretch at fast trading there was a bad one. I do work on process every day, but in an effort to see and/or measure things more efficiently; more noise filtering than indicator-seeking. I hope I can look back on these posts years down the road and know that the only significant changes I’ve made have been to fewer, better trades.

//Derek Hernquist