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Learning path Silver Repeatable method

No-trade conditions

Explicit red-light list — situations where opening new positions is banned by the plan.

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.

NO-TRADE CONDITIONS (RED LIGHTS) ABSOLUTE BAN 1. Sleep < 5 hours 2. Family fight / Stress 3. FOMC / CPI news 4. Illiquid market (Holidays) 5. Daily stop hit EXECUTION BLOCKED The best trade of the year is often the one you did NOT take in compromised conditions.
Personal, macro, market, risk limits. Select a point to explore.

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.