Best Time of The Year To Start Trading? - Traders Hideout | futures io social day trading
futures io futures trading


Best Time of The Year To Start Trading?
Updated: Views / Replies:245 / 3
Created: by WolfgangAssets Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Best Time of The Year To Start Trading?

  #1 (permalink)
Miami, Florida, USA
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
 
WolfgangAssets's Avatar
 
Posts: 35 since Jan 2018
Thanks: 13 given, 17 received

Best Time of The Year To Start Trading?

I was reading this article, and wanted to know what you guys think.
https://www.quora.com/When-is-the-worst-time-of-the-year-to-trade-forex

It basically states that people will go on vacation during the summer and volume would tend to dry up a bit in the futures and forex market creating a lot of chops or failed setups. Then it picks up in september, and picks up a bit more after new year. While August being the worst month.

The reason why I'm asking is that I backtested my strategy with dates ranging from November 2017 - Frebruary 2018, and I started papertrading live market from Frebruary to Now. I have been doing good and still profitable, but had a small losing streak and have been getting stopped out a bit more often.

I was planning to go live soon, but I'm afraid if I start during the worst months July / August, the odds are against me to be successful.

I want the best probability to become a trader. Just like we take the best probability setups. Is there a time of the year when you would recommend a new person to start trading rather then other times?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Austria
 
 
Posts: 234 since Jan 2017
Thanks: 0 given, 174 received


If your plan says to start soon, man, start soon, otherwise you will always find an argument to NOT trade for whatever reason.

Yes, during the vacation-time the volume will be lower, but this doesn't mean that you cannot make money (this is a very old hat).

Reply With Quote
The following 2 users say Thank You to tr8er for this post:
 
  #4 (permalink)
Market Wizard
San Jose, CA
 
Platform: NinjaTrader
Broker/Data: Dorman Trading, Kinetick
Favorite Futures: NQ/YM all day every day, maybe only one 1-3 times per day.
 
teamtc247's Avatar
 
Posts: 843 since Dec 2012
Thanks: 603 given, 933 received

If you're trading futures, you really don't need to worry about this. Stocks are more subject to this in my opinion. Time when volume is lighter is around three day weekends, holidays, winter and spring break. I personally wouldn't worry about it. At one point I thought the same thing about the summer months, not sure why, last year was pretty good. I guess when you hear on forums summer doldrums and something about May and traders go away. There are always opportunities to be had. In trading less is more, unless you are talking about contract/lot/or share size. I used to say
be careful on Friday's, but it really doesn't matter what day of the week. There are at least a couple good days a week. When the market isn't clear to you, sit on your hands.

Sent using the futures.io mobile app

"Small disciplines repeated with consistency every day lead to great achievements gained slowly over time."
Visit my futures io Trade Journal Reply With Quote
The following 6 users say Thank You to teamtc247 for this post:

Reply



futures io > > > Best Time of The Year To Start Trading?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: AutoTrading World Cup Advisor w/GFF Brokers

Aug 22
 

Webinar: Suri Duddella (TBA)

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Start Time - Not Period KrazyTrader NinjaTrader Programming 1 November 8th, 2017 02:55 PM
China's Shaky Start to the Year of the Snake Quick Summary News and Current Events 0 February 1st, 2013 02:10 AM
This Could Be the Year Bonds Start to Deflate Quick Summary News and Current Events 0 January 2nd, 2013 08:20 PM
7 Year Bonds Price Just Off All Time Low Yield In Last Non-Bill Auction Of The Year Quick Summary News and Current Events 0 December 21st, 2011 01:20 PM
SMA with Discretionary Start Time and Start Date for MC tradernovice EasyLanguage Programming 4 July 29th, 2011 06:50 PM


All times are GMT -4. The time now is 01:49 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts