Don't ever trade under pressure. pressure to pay off a debt,
pressure to pay your rent/ Bill's.
I till repeat, Don't ever trade
under pressure because no matter how you do, that pressure will make you do the following,
- over trading: once you start over trading while under pressure, your decision making will be very poor.
- less control over your emotions: it is near impossible to control your emotions while under pressure, like rent an debt.
- poor risk management: your risk management will not be put to good use because you are desperate, you want to meet up and that will be when time will be working against you, so please fellow traders stop trading under pressure,
I don't know if anyone have more to add?
Trading the market will make you involve with unlimited pressure and uncertainties. That if you do this you will never be able to trade.
The thing is, pressure is normal. What you need to do is ask your self, how can you handle the pressure. If you cannot, then take a break. If you can, then get in front of your chart, do the work and your analysis.
It is a fallacy that you have to avoid the pressure. Because in trading, oftentimes the hard trades are the right ones. It is just a matter of how can you handle your self, your emotion, your actions under pressure.