If you’re someone whose either made a lot of money YTD (Year-To-Date) and are looking to end this year with a BANG, or someone whose lost a lot of money throughout the year, and are looking to hit that one jackpot trade that’ll help you recover all your losses, STOP NOW !!! You are on a path of destruction.
Rule #1: Do Not Trade In DECEMBER !!!
This rule is the holy grail of Trading, especially if you’re a Retail Trader, trading from your own E-Trade account. You will ruin the holidays not only for yourself, but also your Family, and the ones that depend on you. December is the month where the Vacuum Tubes (Algos) completely take over 99% of all Trading Activity. The Volumes and Volatility are pretty much non-existent. It’s a Muppet trap, specifically designed by MIT/Harvard Graduates, to make sure that they keep making money while they’re sitting at a table in Las Vegas, playing strip poker with Maria Bartiromo and Santa Claus Cramer, while you’re on the verge of Bankruptcy, Insanity, and full-on Depression. No matter what instrument you trade, or what side you take (Bull/Bear), you will get Butchered by The Machines.
Do not trade from December 1st - January 15th of ANY YEAR.