There are really only two red flags that tell me when I should not trade:
- If I’m worried about losing money.
- If I’m not worried about losing money.
:-)
I’m feeling sick this morning, and didn’t sleep very well last night. That makes me worry about the damage I could do to my account if I trade groggy. So, any trading I do will be in simulation mode today. I find simulation mode is a nice compromise, if I really want to trade sick, or hungry, or just after a big argument, or whatever else could impair my judgement.