Holiday Forex Characteristic

Since this is the first December I’m trading currencies, I’m getting accustomed to the market characteristics that come with the holidays.  For one, there are less traders sitting at their desks.  This is evidenced by the "whippiness" of price action. 

whippiness = lower volume = higher volatility = higher risk = higher return

This has not been a good week for me.  My trading time has been limited due to my full time job and the holiday preparation.  It’s during these times that I should be sitting on the sidelines because the trades I have been making are just not thought out very well.  I’m entering trades without having stops or limits.  Once again, it comes down to be disciplined.  "Don’t enter a trade just for the sake of being in the market."  This is me talking to myself. 

I have a lot to learn. 

The profits made during week 1 and week 2 may very well be wiped out by week 3.   I’m figuring this week wasn’t the best for experimenting with wider stops and limits.

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