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by Steven Magallanes
Wednesday, March 17, 2021
Spring Forward Into a New Trading Strategy
Watch This NOW And Prepare Yourself For What's Coming This Week!
Hey Trader,
I'm going to need an extra two cups of coffee today.
Why?
We returned to Daylight Saving Time (DST) on Sunday morning, losing an hour of sleep… but gaining more sunlight at the end of the day.
I don't know about you, but it usually takes me a few days to bounce back from the feeling of extended jet lag.
I don't know why, but losing that one hour really takes its toll on your energy.
"Springing forward" was instituted many years ago to give farmers more sunlight to work with during the warmer months.
Due to the negative impacts on daily activities in a modern, industrial society, DST has been hotly debated in recent years.
Is it worth the hassle?
I don't know. I do know that it's annoying. It disrupts international business. It's also been proven by researchers that fatal car crashes increase by about 6% during the week after DST.
I've been in this business long enough to recognize a low ROI when I see one, and I don't see any significant upside gain to constantly readjusting clocks.
Market Traders Daily Director of Client Services 888-228-2376
Disclaimer: Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses.
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