When do you skip trading?

[Oscar_0]

We always have a mindset of taking entries but even then we skip trading for some reasons. Can you mention some?

 

[PhoenixJ]

I usually don't trade when I had faced a big loss and I'm overflowing with emotions.

 

[FXO_trader]

I skip trading when important news comes out so as not to make a mistake.

 

[Antho]

We always have a mindset of taking entries but even then we skip trading for some reasons. Can you mention some?

I skip trading if I'm not feeling up to it, whether that's being tired, stressed, or just off my game. It's important to trade with a clear mind to make the best decisions.

 

[stoch]

We always have a mindset of taking entries but even then we skip trading for some reasons. Can you mention some?

I skip trading when market conditions are unfavorable, such as during periods of high volatility or low liquidity. Additionally, if my trading strategy's criteria aren't met or if I'm experiencing emotional or psychological strain, I prefer to step back and reassess rather than force trades. It's crucial to prioritize quality over quantity and maintain discipline to preserve capital and achieve long-term success.