Should You Take a Break from Trading in The Summer?

Last Updated April 30th 2019
1
Get this course now
absolutely
free
Simply fill in
the form bellow

That old cliche about low volume activity in the summer - yeah, it's no longer true

So summer comes and people from all walks of life start taking holidays. There's presumably less news to move the market, because... well, most of the people that usually move them are on holiday.

It's true - markets are moved mostly from institutional investors and traders like investment banks that come with their titanical wads of cash. And many of them take breaks, which means lower volumes. While that may be true it shouldn't be exaggerated.

This is really one of those things that used to be true before, but no longer is. Nowadays we have many technological improvements that help us offset the deadly effects of summer. This belief took hold at a time when forex trading was primarily done on forex trading floors by guys shouting, How times have changed. Now, much of it is automated which means volumes don't stop.

As silly as it may sound another explanation could be air-conditioning - people become more sleepy and less efficient when it's hot. This is the innovation that boosted white-collar productivity the most since the advent of coffee.

See also: The Best Traders Do Nothing 99% Of The Time

If you enjoyed reading this article from Trading Education, please give it a like and share it with anyone else you think it may be of interest too.

We'd love to hear from you!

Please share your comments or any suggestions on this article below

more from Forex Trading Articles...

Trading-Education Staff
A forex trading journal is an excellent way to learn how to trade and to improve your trading strategy. But just what is a forex trading journal?...
Trading-Education Staff
Looking to trade cryptocurrencies that are not Bitcoin? Look no further.  In the mid-2010s, there was an explosion of altcoins flooding the...
Trading-Education Staff
The word ‘recession’ is not one we want to hear very often, in fact, ideally, we’d like to never hear it all! It never conjures up...
Trading-Education Staff
In the future, we might not necessarily be using Bitcoin to make payments, but instead satoshis. For those that don’t know, a satoshi is the...
Trading-Education Staff
Finding it hard to jump into the market? Too afraid to make a decision on whether to buy or sell? Then you’re probably suffering from the...
Trading-Education Staff
Five Stupid Mistakes Forex Traders Make In forex trading, it is always possible to make mistakes, but some are stupider than others. Of course,...