Hey there! It’s great to take breaks from trading, and learning new strategies can be helpful. Start slowly, refresh your knowledge, develop a new trading plan, and practice on a demo account. By doing these things, you can get back into trading and improve your performance over time. Good luck!
Find the thing that gets you motivated, get professional help and do not hesitate to consult others.
Sometimes I find massive change in the market especially when the market is volatile and I take a break.
That seems fair but If you can’t meet your daily lifestyle, your day-to-day living, or you’re in debt , you should quit trading immediately. This is one of the major signs when to stop trading. Trading is not like a job that pays you a fixed income where there’s a fixed payout every month, it doesn’t work that way.
Ain’t against taking breaks but that doesn’t stop the scenario from happening again.
Had a break recently, got back around March; i never did anything relating to trading activities, not even a glance at my portfolio on my shares in GTCO & DANGCEM (oops, you might not be familiar with these but they are names of some Nigerian stocks).
The truth is when i got back, all i realized was the market never changed and looks the same. But what changed was my approach.
I have no advice. When I lose I want to be away from both trading and learning for a while.
But it helps a trader refresh his mind. Actually it’s my point of view and others may see it from different point of view.
Every time I take a break from the market, I spend some time refresh my knowledge and becoming acquainted with any changes or updates in the market.
Sometimes taking a break strengthens a person’s mind and rejuvenates it for further attempts running.