Dickson G. Watts, who was head of the New York Cotton Exchange from 1878 to 1880, wrote an article (later reprinted as a short book) on “Speculation as a Fine Art” for The Cosmopolitan magazine. In it, he wrote:The monotonous nature of trading makes me sleepy. Around 10am Pacific time I start to feel sleepy.
I don't want to use stimulants like coffee. I need psychological help! Any suggestions would be appreciated. Does anyone else feel sleepy while trading?
...when doubtful, reduce the amount of the interest; for either the mind is not satisfied with the position taken, or the interest is too large for safety. One man told another that he could not sleep on account of his position in the market; his friend judiciously and laconically replied: “sell down to a sleeping point.”
This lesson was recounted in Reminiscences of a Stock Operator.
And so, it seems you have the opposite problem. Perhaps you should increase your size to the waking point.

Last edited: