psychological biases affecting trading

It simply means the key here is to have PROPER EDUCATION and APPLICATION. All trader must understand why such thing happen not just on technical aspect nor fundamental but on how you view it on your own perspective based on your understanding on the application of your system.

But it's risk that you need to monitor when the market isn't even going to be moving. Unless you're using such small leverage in your trades during active sessions that it doesn't even matter whether you're -investing- when the market's dead or not. The fact is that overnight trades just aren't really worth the squeeze unless you're living in the Eastern Hemisphere. And if we're considering weekends to be overnight...

You're either monitoring the trades or you aren't and that determines how much additional risk there is. Risk is generally hedged out overnight.

good idea. I just reduced my risk overall but with the same goal, but also because I'm still making repeated mistakes, the stress is much lower and I'm still on the right path, or so I like to believe....