What do you do when your setup never appears?
Some days — even weeks — the market never offers your setup. Beginners fill the gap with worse trades; experienced traders treat the absence of setups as information.
How do you handle empty days?
- do you wait, or lower your standards?
- what tells you it's time to log off?
- the longest you've gone without a valid trade
This is overtrading in disguise, and the cure is usually a watchlist plus patience.
Background: Revenge trading and overtrading: how to spot them and stop
Trading to win back a loss, or trading out of boredom, are two of the fastest ways to damage an account. Learn the warning signs and the rules that interrupt them.
What is revenge trading?
Opening a trade to win back a recent loss rather than because your trading plan gives a signal, often with a bigger position than usual.
How do I stop overtrading?
Set a maximum number of trades and a daily loss limit in advance, require a written reason from your plan before each entry, and check in your journal whether the extra trades have helped or hurt your results.
Comments
Log in to join the discussion. Comments follow the community guidelines.
Log in to commentLoading comments…