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.
Indeed. If we experienced more losses than earning profits, it means our strategy isn't effective or isn't suitable. We must take a break first while considering a new strategy to apply. We need to take a breath first, don't force to keep trading because we need a new motivation. Get a series of losses must drop our motivation very much.
3) When Emotionally Unstable
Are you angered, troubled, disturbed, or even excited etc. At that point don't engage the market.
Trading with unstable emotional will lead to instant losses. It is because we may easily do panic selling or panic buying. When we buy/sell in hurry, it is a big chance to lead to severe losses.
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.
Agree. We don't force ourselves to trade if we have a difficult situation with our financial. It is better to prioritize the main necessities first, trading isn't a part of main necessities. Just consider to trade when there is a safe money for trading. We must know that there is no guarantee for profits in trading. We will get a worse situation in our financial if we force to trade and experience losses.