When to avoid trading

Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit 4 on every ball but when he sees an opportunity he goes ahead.

• When you are confused and don’t know what to do, do nothing.

• There are no set ups on your watch list, then don’t trade.

• You are a trend trader and there is no trend to trade.

The market is

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