A good trader should trade with small amount of money. Wait for bear time and hold more money than trading. Out of 100% Monty that should be used for trading and holding, a good trader will hold 70 to 90% of the money and only trade with 10 to 30%.

A trader should stop trading is he has not been making money for 2 years or more. Trading is not what is easy. It is very similar to gambling if talking about risks.