End of the month is best for traders, unlike 9-5 job people who tend to go broke by the end of the month. I personally withdraw 50% of my profit and enjoy.do people sit out or trade more at the end of a calender month?
Why should in your opinion this pattern exist? We can conjecture some seasonal patterns like reduced volatility or volumes in the days before and after holidays (like during Christmas time) but I doubt there is some pattern connected to the end of calendar month.do people sit out or trade more at the end of a calender month?
Why not compounding?End of the month is best for traders, unlike 9-5 job people who tend to go broke by the end of the month. I personally withdraw 50% of my profit and enjoy.
I tend to take it easier tbh, more so with Indexes etc.do people sit out or trade more at the end of a calender month?
Last day of the month is usually pretty volatile as hedge funds balance their books for a new month! Lets see what tomorrow brings.do people sit out or trade more at the end of a calender month?