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I've been taught to ease up on trading during the summer. Has anyone actually read any hard evidence or statistics that show lower odds for traders in the summer? Is this a pure myth or any truth to it? If it is true, why? |
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Myth.
There are 250 trading days in a year. You should be trading at least 180 of those days.
Sort of like kids in school in North America (US and Canada), you know.
If you are myopic, and stuck on the US indices, then you've probably heard this clap-trap repeatedly throughout the years.
Ignore it.
What you are looking for is VOLATILITY.
And, as you're aware, there are many markets with plenty of volatility to trade, such as the energies, with which you are familiar.
Look at the bonds this week, for example.
Or the grains.
In other words, expand your horizons if your current choice of trading vehicle isn't giving you the juice you are looking for.
And as always, trade what you see, not what you think you may see. There's a difference, you know.
