It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being. Stated below are some essential things you need to look out for once you noticed them please stay off the market.
This is very clear, here are some things that make you have to stop trading. And if we have an awareness of that, we'll actually be very good. Indeed, not everything must be continued, there will be times when we have to stop for a moment and reflect on what is happening to us. Moreover, this is cryptocurrency trading where this is a very high risk thing. In the conditions that you have given the list, it would be much wiser to stop immediately first. So you can know when to stop and when to start again. So that it can also serve as evaluation material when stopping trading.
Honestly the emotion after a series of losing streaks prompt a trade to continue trading so as to recover those losses unfortunately most of those trades entry is not according to the trading strategy most of the time I do trade blindly unfortunately or consequently resulted to more losses understandable now that the best thing or remedy is to take a break.
Yes, this is very factual. Emotions when we have just experienced losing when trading will definitely be very unstable. especially if it is a large enough amount and we are waiting for the results. So this will be a hard blow for us. However, when our emotions are unstable, sometimes there is a high desire to continue placing positions because we hope to bring back the money we have lost, over and over again. However, when our emotions are unstable, our focus and strategy for trading are actually not in a good condition. This will actually trigger further loss.