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
Mt. Gox was the first major Bitcoin exchange that ever existed and was immensely popular while it was online. For a long time, it dominated the...
Trading-Education Staff
Coming across a ton of different cryptocurrency terms and have no idea what they mean? We can help! Cryptocurrency terminology may seem...
Trading-Education Staff
Asking yourself why people trade cryptocurrency? Well, you’ve come to the right place. Cryptocurrency trading is fast becoming one of the most...
Trading-Education Staff
Without doubt, with the arrival of Bitcoin back in 2009, a lot of things have changed, transformed and reimagined on the financial landscape of the...
Trading-Education Staff
A 51% attack is essentially a ‘hack’ of a blockchain that allows hackers to do a variety of malicious activities which in the short term...
Trading-Education Staff
Interested in all the hype about Tezos? Well, look no further! In this article, we’ll explain everything you need to know about Tezos, how it...