Summer doldrums

[tradersboredom]

Do investors/traders actually take the summer off? July and August.

Every year 2 months vacation.

Volume and volatility is usually low in the summer.

 

[dandxg]

Absolutely some of them take the summer off. Don't believe me look at the daily volume. A trader I respect a lot, Tim Morge, mentioned the line to leave the CME was much larger than normal about 2 week ago.

That doesn't mean you can't make money.

 

[nazzdack]

Quote from tradersboredom:
Do investors/traders actually take the summer off?

Taking 3 months of Summer vacation is mostly a "European thing" though there may be some New Yorkers and Chicagoans who do the same. They'll be back after Labor Day.

 

[omegapoint]

So thats what happened to RIMM. I'm the worst trader/investor/scalper anywhere.

 

[ChipShotTrader]

Absolutely some of them take the summer off. Don't believe me look at the daily volume. A trader I respect a lot, Tim Morge, mentioned the line to leave the CME was much larger than normal about 2 week ago.

That doesn't mean you can't make money.

https://www.elitetrader.com/et/threads/tim-morge-and-the-well-chosen-example.305061/page-3

 

[mlawson71]

Some probably do, others probably don't, I don't think it's possible to generalize.