Trading throughout the year: the best months for Forex traders
Volatility changes throughout the year as well. In fact, any calendar year is characterized by two productive periods for trading separated by a "sluggish" period of the trading decrease. So, what are the best months to trade Forex? If you are wondering about that, then the following information will come in handy.
January through May are the five profitable months for Forex trading. With the beginning of the vacations season, a majority of trading activities come to a halt, which results in June, July, and August being the slowest months for traders. They are followed by the active and highly volatile period from September till somewhere in mid-December. With the holiday season in December, volatility fluctuations slow down significantly, which is why only half of this month belongs to a profitable time of the year.
The trading siesta of the summer
What is a Stop Out Level in Forex?
Reading time: 8 minutes
In this article, we will answer the following question: What is a stop out level in Forex? We will also take a look at different examples and terms connected with stop out levels, how to avoid or completely prevent the stop out, the role of leverage with regards to the stop out, and more!
Profitable Traders Do Nothing 99% Of the Time
What is the single biggest reason why most traders end up losing money in the market? It’s simple: They do too much – they think too much, they look at charts too much, they trade too much, they risk too much and on and on.
Your 2018 Warren Buffett Book List
10 books the Oracle of Omaha has recommended to investors.
Matthew Frankel, CFP
(TMFMathGuy)
May 15, 2018 at 6:33AM
If you want to understand Warren Buffett's approach to investing, here are 10 books that can help you do that.
Warren Buffett is an avid reader. In fact, when asked about his secrets to success, Buffett once pointed at a stack of books and said:
Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest.
While we don't all have time to read quite as much as Buffett does, a good reading list can be made from various books Warren Buffett has recommended over the years. These recommendations, most of which have come from his famous letters to Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) shareholders, can help you understand how Buffett's investing philosophy was shaped and give you valuable tools to apply to your own portfolio.
Carl Richards is a certified financial planner in Park City, Utah, and is the director of investor education at The BAM Alliance. His book, “The Behavior Gap,” was published this year. His sketches are archived on the Bucks blog.
Because I live in the mountains where the weather changes often, I’ve never really relied on forecasts. Instead, I prefer to look out the window to see what’s happening outside. My low-tech approach made sense for years. But my strategy — and the jokes about weather forecasters — may one day be a thing of the past.