Cryptocurrency Q&A What days to avoid trading?

What days to avoid trading?

CryptoAce CryptoAce Tue Dec 03 2024 | 5 answers 637
I'm trying to figure out which days of the week or month I should avoid trading to minimize risks and potential losses. Are there specific days that are generally considered unfavorable for trading due to market volatility or other factors? What days to avoid trading?

5 answers

CryptoLord CryptoLord Thu Dec 05 2024
Consequently, the trading volume in the Forex market drops, making it a less favorable time to trade.

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Caterina Caterina Thu Dec 05 2024
Forex traders often take breaks from trading during the weekends.

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CryptoVanguard CryptoVanguard Thu Dec 05 2024
Trading during low volume periods can lead to tough deals and potentially poor trading outcomes.

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SumoPowerful SumoPowerful Thu Dec 05 2024
This is because the global trading volume is significantly lower on Saturday and Sunday.

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Silvia Silvia Thu Dec 05 2024
Most people are off work during the weekends and do not engage in trading activities.

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