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August sucks...
- Thread starter retaildaytrader
- Start date
Yeah man.. really this year August really sucks nothing is going right
One upside of quiet periods is you can get more research and strategy development done. You just have to recognise when the markets are becoming quiet, and adjust the focus of your work away from making profits and exploiting opportunities; and more towards preserving capital, avoiding overtrading or "reaching" for trades that aren't there, and - most important - making advances in your market understanding and trading methods.
It is rare that any market state is outright disadvantageous. It is usually our response to it that is the problem. Almost all market situations have a way that one can benefit from them, it's simply a matter of realising the right way to do so.
It is rare that any market state is outright disadvantageous. It is usually our response to it that is the problem. Almost all market situations have a way that one can benefit from them, it's simply a matter of realising the right way to do so.
