Trading "out of season"

Big winter hello to all at FF...

With xmas approaching, I'm interested as to those here with a few years' experience in forex - what periods do you avoid trading during? Just a few days around major holidays, or are there whole months you leave the market alone?

Big thanks

honestly theres no such thing as everyone will have similar opinion when to stay out or not to. what you should do instead is try to find a strategy and then test it out how long it will works or when it will starts decline in your account. then try to find out wheres your mistake

it is continuous process of trial and error, until you find something thats constantly profitable. by then you have become a better trader. :-)

now back to your question, i stay out during news. this is only for my own opinion and strategy, while some other probably is opposite with me, and yet probably they are also making money, which one do u think is the correct advice?

I avoid trading while I am asleep.
(sorry, I couldn't resist)


actually, if it weren't for volatility there would be no reason to trade. I prefer trading when there is moderate volatility or a strong trend. Range trading can be fun too. There is not always a fixed time when this is better than another, especially recently.



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I sat out the second half of December '04 based on advice of an "insider" and missed incredible opportunity. Never again!

No one can tell you when or if the market will move but my experience is that it's "game on" right through the end of the year.

I agree - any time you decide to stay out has to be based on a full assessment of your own trading situation as well as the current market conditions.

Hi,

Order go in regardless - every day, no exception as long as the market is open for trading.

regards
daytrading

I agree with what others have said but just be aware of the potential for increased volatility due to thin holiday trading (ie maybe reduce size and widen stops). Other than that, if there's a trade set-up then take it!

....or why not take the time off and enjoy the holiday, spend some of those profits

KudzuFX "I avoid trading while I am asleep."

I stay out during weekends and major holidays like Christmas when the broker is shut.

Yes, just realised my question was a bit loaded! lol... Lets take weekends for granted :-p

Times of lower trading volumes are really what I'm talking about... August/late December for example - and if you think they ever reduce the markets to illogical movements (more so than usual, anyway, if that's possible)

So far sounds like most of you are pretty fearless where this is concerned - good to hear!

News doesn't bother me tbh. So I trade whenever the setup is right, providing there is enough movement.