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Bill Poulos, Founder of Profits Run, Reveals How to Approach Trading in the Holiday Market

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WIXOM, Mich., Nov. 22, 2018 /PRNewswire-PRWeb/ -- Bill Poulos, Co-Founder and President of Profits Run Inc., revealed how traders should approach trading in holiday market times. As the "non-holiday" trading time in the markets come to an end, there are different strategies traders must be aware of as they make their investing decisions. Bill Poulos shared, "With Thanksgiving, Christmas, and New Years' holidays coming up over the next 6 weeks, we need to be prepared for whatever happens with the price action in the markets. The first thing we need to understand is that during holiday times, the number of market participants drops which can cause the market to trade flat or it could cause the volatility to increase."

The Profits Run President continued, "Because of the unknown, we need to be even more diligent in using proper risk management in our trades. Some traders will even plan time off during the holidays to avoid some of the market risks associated with the lower liquidity we see. Whether you stop trading around the holidays or simple cut back on what you are doing, you will want to have a plan on how you will trade during these times."

In conclusion, Poulos wrote, "Try to keep in mind the facts of big volatility along with the markets approaching the holiday time as you are making decisions on how much risk you will be taking in your trades. While you don't need to stop trading or be fearful to trade, you do need to make the appropriate adjustment to how much risk you will be taking during these market conditions. As long as you make those adjustments, you can still trade confidently as your setups occur on the charts."

Bill Poulos is the president and co-founder of Profits Run. Poulos established the company with his son Gregory in 2001. He is a retired automotive executive, philanthropist, and author. He has earned both his bachelor's in engineering and his Master of Business Administration, with a major in finance. Poulos lives with his wife in Michigan. They have been married for 48 years and have three grown sons.

About Profits Run, Inc.
Profits Run, Inc. was founded by Bill Poulos and his son Greg Poulos in 2001. Traders often say, "Cut your losses and let your profits run." This popular saying is where Profits Run's name derives from. The company's mission is to educate people of safer and simpler ways to invest while properly managing risk.

 

SOURCE Profits Run, Inc.

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