Energy

When competing, one expends a great deal of energy. At the end of any given day a professional independent trader has spent physical, mental and emotional energy. Whether the day's outcome is favorable or unfavorable, energy has been expended. My suggestion to traders, in this day and age with volume low on the floor and with little edge on the screen, is to conserve energy. Have an upside $$ amount that is predetermined and a downside $$ number that is predetermined to end the day. Thus, when the trader is close to the $$ number he expects to earn, the trader is done for the day. Trading all day is an activity of past generations. The brain is a muscle and it gets tired when under severe stress and strain. How long can one curl a 5lb weight in each hand? Hours? A typical trader's story is that "I make money in the morning and gave it back in the afternoon". "Y" do you lose money later in the day? You lose later in the day because your brain is tired. And, what about the energy expended to be up money in the a.m. and to give the money back in the p.m.? Try coming back the next day and feel energized after losing. "There is such a thing" ( an old expression) as being mentally, emotionally and physically tired. Trading and working at most jobs is different. In this job of trading futures, when you are up near your goal, take a hike (literally). The next day, you will have a much better chance of winning again.