More on Energy!

Did you ever hear about people or events giving you energy and people or events taking your energy? Well, energy for a trader is very important. Without energy a trader finds it difficult to feel the market, to see what really happening in the market and if you are on the floor trading - to hear the market. For a trader to be successful the brain needs to be rested. The brain is like a muscle, to work effectively and completely, it must be in a state of relaxation (calm). Thus, for the brain to receive all the necessary stimuli it must be in a tranquil, confident state. If your are a sports fan, think about how and why some performers are better than others. My point in sharing this information is to let traders know that when they are without energy it is very dangerous to trade.......Lethargy sets in and waiting in the wings is the dark knight, of your self, preparing to get you to panic or do something out of the ordinary Without energy, losses are inevitable and can be expected. Energy reducing activities expunge energy. So, if you have had an argument with a spouse, someone you care about is ill in the family, etc. or any adverse event has caused you disappointment or stress, BEWARE. Remember as a trader you do not have to work everyday. Conversely, all winning traders enjoy the challenge of the day, enjoy the camaraderie of the environment, and just plain enjoy making money, doing what they want to do. It is hard not to trade when the market is open for business. However, great trading, good trading revolves around not only knowing the market but knowing oneself. To be a champion trader one must first know oneself. Knowing yourself involves examining your thoughts and examining just how you feel each and every day. How else do you know whether or not you are ready to compete. Traders can and want to play every day the market is open. However, some days it just makes sense to stay away from trading. Depending on the traders energy the trader may have to stay away for an extended period to regenerate his or her energy. Playing when one should not play, may cause the trader to be seriously injured! A point to remember is when you discover your fuse is short, it is a good time to take a break. No sense in letting the "Dark Knight" (your emotional state) control your decision making, because placing you in the self destructive mode is his goal.