Trading at Holiday = Bad Idea

forex-holiday.jpgIf you wonder whether the holiday season is a good time to trade, at the holiday the market is not so liquid. The effect of the decreased volume is decreased liquidity.

Some traders take an extended break from trading during the holidays to spend time with family and friends. They also take time off to study and develop new trading strategies for the new year.

When a market does not have liquidity, it is difficult, at best, to get in and out of positions profitably. That’s why traders simply want to take a break from trading during the holiday season.

Hey It’s a holiday, enjoy yourself by spending some of that quality cash you earned during the previous months. Merry Christmas and Happy spending there!

 

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 Daily Forex Strategy 21 MAR 2008 released 21.15 GMT
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