Who this is for — Anyone who believes they must trade every day. Professionals know when to stay flat — often the best trade is the one not taken.
No-trade conditions are the blacklist written in your trading plan: if a red light is on, zero new orders — no emotional exceptions.
In plain terms — Ban checklist before the entry checklist.
Three categories
| Category | Examples |
|---|---|
| Personal | Sleep < 5–6h, stress, tilt |
| Macro | NFP, CPI, FOMC ±15 min (if not in news playbook) |
| Technical / risk |
Customize from your patterns in review.
Rules
- One red flag = mandatory flat
- Included in pre-market routine
- Violating a no-trade = process error regardless of P&L
Typical mistake — «Market is moving today, I skip only the sleep rule» — negative edge masked as FOMO.
Example — CPI 14:30 → no trade 14:15–14:45; daily stop −3R already hit → platform closed at 10:00.
Summary card
- Format: binary list in the plan.
- Priority: above any valid setup.
- Metric: trades avoided vs violations/month.
Silver path — Plan module. Index: Silver path.