1) Series of Losing Trade
If you noticed that the losses you had are more in a series of trade you took then take a break. If you proceed you will start doing revenge trading and lose out. A break will help you re-evaluate yourself and maintain psychological and emotion balance.
Regaining oneself and maintaining psychological or emotional balance shouldn't be a reason why one must stop if experiencing this but staying back for error finding (trouble shooting) and restructures if need be.
2) Market is Consolidating
Surely there is no direction in the Market once it is consolidating. This will waste your time and make you make irrational decisions.
When this happens, it is neither a caused of the economic nature probably demands or your marketing strategies.
If the disaster is globally effective to the sector of your trades, there is definitely no boycott and you can't beat the the situation. If not to put hold to your trade in order to prevent lost, you just have to dangle by because a single Investor is not exceptional to made away w global nature but if by a marketing strategy, then you definitely have to restructure your marketing strategies maybe either you should enhance or you eliminate an already one.
3) When Emotionally Unstable
Are you angered, troubled, disturbed, or even excited etc. At that point don't engage the market.
Of course not you don't have you don't have to stop your trades when the market proffers excitements instead you figures what secret is behind so that you can keep it up without deviating since your Investors goal is to keep smiles on your face (profits) although take charge of your emotions when trading is practically a high considerations.
You don't quit when you lost or facing related troubles rather you have to face the fears so yiy don't get lost of control. The market is like a barracks of survival of the fittest so you don't be flexible to broken emotions. You just have to build courage while you figures what the case maybe for avoidance or repel.
4) Market Conditions are not Favourable
Every technical Analyst knows when things are unfavourable. The skill of spotting unfavorably conditions in the market is gotten by practice and study. If you are a technical analyst and you don't know please try and develop yourself.
One doesn't have to stop it's trading if this occurs and I take as previous mentioned "market consolidating" as part of the disastrous terms that is part of the nature of this "markets condition" and same strategies is applicable for resolutions.
5) When your set-up is not established
You know your pattern of trade and your set up more than I do. Once this set up has not been confirmed or has past don't trade. Don't help the market.
Of course you don't get into any markets or trading when you are not knowledgeable to it. Very much unwise to getting into such trading simply because there are testifiers or points of contacts whom the markets are favoured.
Even basic ideas are not worth enough to reply on at indulge in a trade unless the nature of the trading has less significant skills such as Bitcoin trading or the nature of the trades has a less risk such as estate investment.
6) Financial Pressure
Don't put your financial burden on the market if not you will have yourself to blame. What is good is that you make a term plan and stick to it. Be gradual and moderate in your pursue of profit.
Every reasons of venturing into any form that offers income is to pave means to solving financial problems but at the period of your ventures, it is unwise if one suddenly and only leans its sources of income in that one trade else one runs out of stock with no values of profits accounted.
It is also to be decided and determined if you are venturing Into a long-term or a short-term investment so you would conciously admit and adheres to how you tempers your investment funds as a matter of being under pressure of financial needs.
7) Series of Successes
This is difficult as one success makes you want to go on and on. Know that with series of successful trade especially in a season comes with over confidence which will make you not pay attention to your rules to effectively execute trade.
At a time of series success, of course it is a call for continues rollover as long all you strives was success and not failure.
Instead there should be a readiness being Incase there is a contrary (bad market) so you don't get emotionally broken. Markets trading fluctuates which has the potentials of loosing and gaining so if the positive side comes there is absolutely no hesitation of giving chances while the negative side is expected so it doesn't cause a weigh down at its arrival.
E.G... Bitcoin trading where there is a bull-run, of course its investors would be excited because there is a profit in the trades and definitely those who hodl their coin at then would be best benefitials and if continues bull-runs they would want to top up so as to make higher incomes.
