Is August really a dead month for trading?

Every month is best for trading until a bad news occurs in the market. Market shows a huge liquidity when any kind of big news occurs. This is the time when you can earn huge profit from the market and vice versa. You must have good power of prediction to tackle this kind of situation.

Not much news in August either.

You are always welcome! Basically, institutional traders take off too.

“Sell in May and go away” - that is how traders say about the summer trading.
And it is not only about the trading, but business activity in general.

There was an opinion somewhere, that nearly all important market movements starts in the end of August.

Also, there can be an opportunity to trade on unexpected news.

I don’t think that it is true. It maybe a coincidence that you are losing in August. I have also seen many people win great profits in the month of August. You just need to work hard and forget about the month you are investing in. Am I right guys? Comment your answer.

I had no idea!! But what about BTCUSD going nuts over the last days???

BTC/USD tends to go nuts every few weeks, it’s just business as usual for it. :smiley:

1 Like

Its all BS - any month is a good month to make some money.

3 Likes

Wooow. :smiley: Lots of pips there @The_Baller! :slight_smile: Good job. :smiley: