100% Rebate XM automatic Transfer to Your MyWallet Account everyday! , The Biggest XM Cashback Rebate in the World..!

Select you Language

EN - English ID - Bahasa Indonesia AR - العربيّة ZH - 简体中文 HI - हिंदी UR - اردو BN - বাংলা VI - Tiếng Việt TH - ไทย KO - 한국어z


English French German Spain Italian Dutch Russian Portuguese Japanese Korean Arabic Chinese Simplified

Why Some Traders Avoid Trading on Certain Days

Some traders have a policy of avoiding trading on certain days of the week. Is this merely a myth or does it have a strong psychological basis? Let's explore the relationship between the choice of trading days and a trader's psychology.


  1. 1. Monday: Less Exciting Start to the Week

  2. Some traders tend to avoid trading on Mondays. They argue that market movements on this day are less interesting and tend to be less volatile. The reason behind this policy is to avoid the potential high risks at the beginning of the week.


  3. 2. Friday: Massacre Day

  4. Friday is often considered as "massacre day" by some traders. Extreme movements can occur as traders close positions or reach weekly targets. Additionally, traders who don't want to leave positions open over the weekend also tend to avoid trading on Fridays.


  5. 3. Beginning of the Month: Less Challenging Movements

  6. Some traders also choose not to trade at the beginning of the month. They perceive market movements during this period as less "exciting" and tend to be less challenging. This can be interpreted as a strategy to avoid market conditions that may not support trading decisions.


  7. 4. NFP News on Fridays: Caution Against Gaps

  8. Non-Farm Payroll (NFP) news often released on Fridays can pose a risk moment. Traders are wary of potential gaps at the beginning of the following week, especially if positions have not been reached by market close. Some traders choose to step back or close positions before the weekend to avoid gap impacts.

The Importance of Trader Psychology and Risk Management
The decision to avoid trading on certain days is largely related to risk management and psychological conditions. Not all traders have similar policies, and some may feel comfortable trading every day. Most importantly, traders understand market characteristics and ensure their decisions are based on thorough analysis.

Standing Aside is a Position
When the market is uninteresting or psychological conditions are unsupportive, stepping away from the market and merely observing is a valid decision. "Standing aside is a position" – not taking a position can also be a wise move, especially when market conditions don't align with the strategy or when traders need a refreshment after experiencing consecutive losses.


There are no strict rules regarding specific days for trading. Every trader has their own preferences and strategies. What matters most is understanding market characteristics, managing risks wisely, and maintaining psychological well-being. Sometimes, not trading can be as important a decision as taking a position.

Share:

Featured Post

Learning Scalping Systems for Beginner Forex Traders

Scalping is a trading strategy that focuses on making small profits over short periods of time by executing numerous trades each day. For be...




Download Platforms

(MetaTrader for PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Tablet)


Popular Posts