RagingBull Exclusive!

Kyle Dennis’ clients know a secret.

My 5k Account is now $37,653. My larger account has gone up 68%” – Michael C

“I Started this service and had $4500.00 in my trade account. Value now about 8 months, $27k” – Mark M.

“Wanted to thank Kyle, up 200% on one of my accounts in Just 2 weeks” – Dylan T

Trader tip: Enjoy your holiday, skip the trading

Avatar ·

A lot of people think that to make money as a trader you have to work longer and harder and when the other guy isn’t. I think you need to work smarter.

To me, that means enjoying the market holidays and slow days.

You might think there is some market inefficiency to exploit when everyone is on vacation or itching to get out of the office and you’re one of the people stuck to the screen, but in my career I have never found any advantage for getting into or out of trades on the market’s short days.

The same goes for Fridays pre-holiday – like this one – when people are looking for ways to take an extended break. Face it, the big desks have their third- or fourth-rate people working the holiday times; you’re stuck dealing mostly with guys who aren’t high enough on the ladder to get today off.

On most Fridays – with or without a holiday – I want to be out of short-term trades by the lunch hour, but I certainly don’t want to add to positions on a Friday afternoon pre-holiday, when you basically have to sit and wait until Wednesday to see what is really happening; a lot can happen overseas and around the world in a few days.

Trading tip: The advantage you gain on the market today won’t come from trading, but from getting on top of upcoming earnings dates and making sure you are ready to go when earnings season starts. If you are going to work on the holiday, don’t do it to get an edge on a day when almost no one is trading. Do it to help yourself when the market is trading as usual.

#-#-#

   Petra Hess runs PetraPicks.com. She is a technical swing trader and long-term investor in domestic and Canadian stocks. She only trades stocks, not options.

Trending Now

Bull or Bear Market….It Doesn’t Matter

Kyle Dennis’ new, 5 min strategy is poised to double account sizes weekly! “I got out of GE trade at 379% $0.16-$0.77, thanks Kyle!” Said client Lance P. Check out the free training that started it all. (View Free Training)

SuperNova Service Leading Clients to 5-Figure Profits Consistently

“BOOM!!! Booked another $13,985 in profits on my long position $VMNGF. Great report came out premarket. Thanks Jeff at SuperNova for teaching me to make $$$ in the market.” Said Todd V. Jeff Williams is helping transform small accounts daily. Don’t miss his free walkthrough. (Watch Now)

Jeff Bishop, RagingBull.com Co-Founder, “Trading My Strategy Takes A Few Minutes a Day!” 

“Jeff, I have to say I was a little gun shy, but I bought the lifetime service (to Bullseye Trades) Friday night. First trade with your service…in LULU, 205 Calls at $4.70. (I) was going to be away from all internet connections for the next 3 days. It hit my sell price at $6.25 ;)” said James W.    (Read More)

Be a Better Stock Trader, Starting Today

Get the expert insights, tips and strategies you need to optimize your trading skills and profiles
START NOW