anyone else taking some time off?

Who else is going on vacation?

  • Yeah I'm gonna relax until labor day

    Votes: 12 26.7%

  • Nah the trading is good...no breaks!

    Votes: 33 73.3%
  • Total voters
    45
Quote from Cutten:

I always have to laugh this time of year whenever I see people say that it's "holiday season". In the last decade at least half the Augusts have been *amazing* trading months with great volatility. This year August has not been crazy but it has been pretty good.

If you are taking days off right now then you are just being lazy and using other peoples' behaviour as an excuse. Traders should holiday at different times to everyone else - take your breaks when markets are dead, not when they are active. Personally I aim for the last week or two of the year - volume always sucks in late December, volatility is usually minimal.

When the markets are dead, that's the time to go away. Not when it's busy. Wait for a slump in volume, daily range, and volatility - then take months off, not days or weeks.

Besides, you can always go somewhere else and take a laptop with you. Stay at a hotel with net access and you can still trade in the day, then relax and party at night.
More...

nah i think this is the first time since i have started trading about 4 1/2 years ago that i have wanted to pretty much avoid the market. the only way i can get my brain to relax is be totally out of the market. actually, i think this is the first holiday i've taken since i started trading. i took friday off and today also. who knows maybe i will head in to the office tomorrow to check things out.

who knows i could be missing out on 100's of thousands of dollars but one guy at the office did text me after the close today and say he was taking the rest of the week off. so maybe my timing isn't that bad :p

also i tend to make a lot of money during those times when you said you take off in december. i made a lot of money last august and i killed it this july and it's a good thing i got up quick this august so i will still have a good paycheck even if i don't trade another day this month.

anyhow...i was just seeing if anyone else was taking off...not looking for validation of my decision :D
 
Quote from Port1385:

Robbie has to get back to his studies in junior high for a while. Around Labor Day, he will have a little more time for us and be able to paper trade once again.
More...

port dont you have some FNM and FRE that you need to buy at 10 bucks? i can get to work early tomorrow and put some offers out there for you to hit if you want in at 10.
 
Quote from robbie380:

actually, i think this is the first holiday i've taken since i started trading. :D
More...

I feel really lazy now... It's my first year as a professional and I take 2 months off...LOL

On a side note, July and August have been really slow for me...I'm making less than half the money I was making during winter and spring, same regularity but just fewer trades... so it was OK to quit.
 
Quote from lwmoss:

I do love that trading can go with you on vacation as you suggest. Gotta love what you can do with a laptop these days.
More...

IMO, vacations are just that.......time to get away from computers and do something else that you love to do. Bringing a laptop is just bringing your office with you. Not for me!! When I'm out west flyfishing at some beautiful lake, I'm there to give myself a break. When I return, I'm ready to work.
6967059-lg.jpg
 
Quote from TraDaToR:

I feel really lazy now... It's my first year as a professional and I take 2 months off...LOL
More...
It is better to take some time off when there's no clear trend.
Trading is a VERY seasonal business.

It's better to feel lazy than losing money, let's put it this way: How you want to feel, lazy or poor?
 
You must log in or register to reply here.
Back
Top