Tuesday, November 25, 2008

Holiday Trading

We're obviously very close to the Holidays, with Thanksgiving coming up at the end of this week, and that means the start of Holiday Trading. Typically, trading during the Holidays is a bit dicey and I imagine this year will be no exception since no one is very optimistic about a healthy amount of consumer spending this year.

Even during the bull markets holiday trading can still be hard - simply because the "professionals" are taking extended vacations allowing us "amatures" to drive the markets. So, if you use stop losses, keep them close and if you don't keep an eye on your holdings to make sure you're still able to keep those gifts under the tree!