When to Stop Trading
Recognising the moment a session has stopped being productive, before it turns into a session that actively costs money, is its own skill, separate from having good rules to trade by in the first place. The rule-based reasons to stop Some stopping points are mechanical and decided in advance: the daily loss limit is hit, a set number of trades for the day has been taken, or a fixed session end time has arrived. None of these need judging in the moment, they’re triggers written into the plan precisely so the decision to stop doesn’t depend on how the trader feels about stopping right then. ...