Grant and Napoleon had an ability that separated them from other generals, the ability to manoeuvre troops and supplies to their most effective placements under rapidly changing circumstances. Traders should learn how to manage their funds, rework stop placements, and change their position size with changing market conditions. Conducting warfare and commodity trading have many common factors. All modern warfare is derived from the spear and shield, attack and defend, offence and defence. For trading markets, offence is trade entry and defence is the protective stop. Day trading is like guerrilla warfare, which was first used in Europe during the early 1800's when Napoleon placed his brother on the throne of Spain. Attack rapidly then retreat. Value of Persistence: In the Battle of the Wilderness, Grant let the Southerners know he would never give up and would fight them under the harshest of conditions. After the battle was over, instead of retreating back to Washington to rest, as some past cowardly Northern generals had done, Grant moved south and stopped Lee from sending reinforcements to Atlanta, which fell to Sherman. The Civil War was won from the Battle of the Wilderness, which Grant is still incorrectly thought to have lost. Grant broke the South psychologically after the Battle of the Wilderness. The trader is a successful human being for the courageous act of trying to become a success regardless of his equity statement. Churchill said, "Never give up. Never, never, never give up." That statement defines persistence and commitment. There are many systems that are profitable, yet there is only one way to correctly analyze price action. Those lessons are contained by regular practice reading charts and working out what you see there. Don't give up and you will find them on the charts.