Is It a Good Time to Learn Trading in Summer ?
Is It a Good Time to Learn Trading in Summer ? Not all summer trade is sad. But this summer is like any other time of the year. When volumes are slowing down due to price movements, and yes, trading has been difficult so far, mini ecommerce trading can be brutal nowadays. Hours and days pass without any noticeable up or down movement. Today is one day, and I am not far from the fire, running down the street and shouting: "I will never trade again."
Learning to trade in the summer is a good time to start. Some good lessons about the basics of self-control and trading techniques can be learned at this time when the risk of unexpected price spikes is low.
(For now) I recommend learning how to trade the e-mini before it gets too hot and difficult. Natural movement does not return to the market. In July and August, price pressures are usually minimal. Traders have time to learn trading techniques without engaging in profitable trades.
Hurry up to focus on quality textbooks and study. Instead, open a trading screen and watch the price move at a snail's pace.
Potential traders often see the market watching the market and decide what they should do.
There is a problem with thinking like this: to have a “piece of work,” you have to be able to trade. I have never met the first trader who could enter an active market and make real money.
You can win by trading for a day or two. But organizing a truly profitable trading day is almost impossible. I have not seen this and do not expect to see how it works.
This is because trading is a binary results system. Therefore, I have seen many newbie traders adopt the Vegas trading style. They trade a lot. They trade a variety of contracts. And trade without proper trading technique.
The result is always the same. Newbie traders have a chance to become profitable traders after becoming very disenchanted with futures trading accounts.
So what's the point of summer trading?
It is time to slow down and learn trading techniques to take trades when the market starts to rise. It's time to find out the details about their trading platform. It's time to trade in simulated mode and get used to tracking price movements in the DOM. It's time to ask a question about market theory, trading theory, or any other question that comes to mind.
On the other hand, all these questions remain unanswered when it comes to tough measures. Since brokers have no time to intervene when the market is trading in a way that fosters monetization, I also know that a new trader is expected in September when it starts. like clockwork every year.
As always, good luck with your trading and consider learning how to trade when you have the opportunity to learn.