How do you know when to step away?

Stepping away — for a day, a week, a month — is a psychological skill. The signs that it's needed are specific: compounding losses, constant distraction, dread of the charts.

How do you know when to step away? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

What tells you it's time?

  • the signals you watch for in yourself
  • how you decide the length of the break
  • what stepping away has taught you
How do you know when to step away? — support and resistance diagram
Price bouncing between support and resistance

The drawdown guide supports the decision with numbers.

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