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Mysticforex

What is the Last Trading Day of the Year for You?

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I have found that the big money traders usually go on vacation after the second week of December, which this year means after December 13.

 

Dec 13 to end of the year is holiday trading with low liquidity and inconsistent trade directions. Anything can happen during that time and one can get badly beaten up if one tries to ride the trend or forecast direction during that time.

 

Of course, there are always pairs and years that have proven the exception to the rule.

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Today (17th) will be my last trading day... hope to catch some wild FOMC action. I always take off a week before Christmas. Not because of anything market related, but because I can. I love giving gifts but I hate shopping, so I tend to put it off until the last week.

 

Merry Christmas to you... hope it's been a good year.

 

JP

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My last trading day of the year depends on how good the business is in that year. If my balance sheet allows me,I take my break as early as 1st December otherwise I work up to 20th December.

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My last trading day of the year depends on how good the business is in that year. If my balance sheet allows me,I take my break as early as 1st December otherwise I work up to 20th December.

 

Same for me except I am on break starting December 15th. I also do not trade in August and the first week of September.

 

And I usually -not always- do not trade during NFP's Fridays.

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I try to avoid trading during "holiday periods", so for me between15th-20th december would be the last week of the year. I avoid trading in august as well.

 

I stopped trading in August as well. Seems like I always had a crap Q3.

And, It's the height of Summer where I live. Much better to be outside. :)

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    • Thanks for your suggestions man!! Our own decision surely makes us or breaks us. Thanks once again, buddy.
    • Right, as a trader, we are our own boss so there is no fear instead of loss in this market. To learn the market we have to keep learning and following rules or our plan that we have decide for trading.
    • None trader or broker can control the market. There is no single person who is behind the Forex market so there is no way to be controlled the market with a man power.
    • EU is still trading in a range. I'm heading out of town tonight and won't be back until Sunday evening. 
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