In this article, we will play with numbers. Let us calculate trading days in a year.
How many trading days in a year?
The number of trading days in the year 2021 is exactly 252 trading days. January and February have 19 trading days. March has the most, 23 trading days. There are 21 trading days on average each month, 63 trading days per quarter. There are 104 weekend days (Saturday and Sunday) when the forex and stock exchanges are closed.
How many trading weeks in a year? There are 52 trading weeks in the year 2021.
What days are trading days? A year that comprises 12 months typically has 250+ Trading Days. 2019, for instance, consists of 252 trading days (2020 has 253 trading days, 2021 has 252 trading days) out of a total of 365 days in a year and mathematically translates to around 4.85 trading days a week. Please see our Bank Holidays Calendar.
How many forex trading days in a month? There is an average of 21 trading days in a month; February has the fewest 19, and March the most 23 trading days in 2021.
How many stock trading days in the year 2021.?
There are exactly 252 trading days in 2021 (forex and stock trading days 2021) out of a possible 366 days; 104 days are weekend days (Saturday and Sunday) when the stock exchanges are closed. Eight of the nine holidays which close the exchanges fall on weekdays, with Independence Day is observed on Friday, July 3. There is one shortened trading session on Friday, November 26, 2021. (the day after Thanksgiving Day).
Do I Trade All Those Days?
No, I trade only when the market favors my daily traps. Starting with a 1% goal daily is achievable whatever the strategy. Note that it is different on Demo on your first trading day. If you are new, try out your strategy anytime an opportunity comes up. Basically, in demoing, you learn the DOs and DON’Ts, meaning you should bring in the VOT (Volumes of trades) you can.
But, when you are getting set to go live, ensure that you live demo! Now, live Demoing is turning into a machine that involves trading with no emotions. You should stick to setting your 1% goal and do not read when the market is not right—aim to reach that goal daily and then close for the day. Please stay away from trading in excess because it will end up hurting you. That is a lesson I have learned over the years.
If you lose nothing on a particular day, be glad for that victory, for so many newcomers quit in barely one week or month. The risk to reward ratio plays another role in it.
Let me reiterate that you need to trade any minute if possible but don’t develop a habit of doing so every time. You must balance life and do some work elsewhere to supplement your income. There are weeks I trade for just a few days to ensure that my 4-5% is assured weekly. My trading involves perfect setups alongside stacked confirmations. I usually call it major energy points. I fix an alert in a small number of pips to 10 pips to let me jump on the charts to assess whether to or not to take that trade.
This enables me to go on with other important activities for my life the way I deem necessary without spending 24/5 on the chart.
The average number of trading days in a year
The average number of trading days in a year can be calculated as 365.25 days on average per year because every fourth year is a leap year. Based on that, we can calculate the average number of trading days in any year using the formula:
365.25 * 5/7 (proportion workdays per week) – 6 (weekday holidays) – 3*5/7 (fixed date holidays) = 252.75 ? 253.
What Becomes of the Forex Market? When it is the Holidays?
Other currencies respond pretty slowly to most holidays. However, only U.S holidays have my interest to a significant degree, and it is not particularly so because I reside in the U.S. The U.S dollar influences many other currencies, so other currencies do not move when the USD is moving slowly.
Forex Trading Calendar
What Transpires During Holidays?
Based on the country with the holiday, when banks are not operational, the market goes much slower, and the spreads go higher, considering that volatility is less. It does not imply that you should not involve in trading. You should rather be careful and choose alternative currencies without any correlation with the specific country being closed.
And during the Weekends?
Retail traders have nothing to do with weekends. You should not feel laidback by weekends as they can be a good time to sit back and assess your last week’s performance. Besides, trading in crypto with some brokers can be a good option for you during the weekend.
That is what I was fond of doing in my newbie years, but it was during the hay days of Bitcoin. So, it helped me to get a few corrections while riding on the Bitcoin wave. Presently I am not trading cryptocurrency at all, but I will again when my strategy gives me the go-ahead.
Banks and similar financial organizations continue to have the right to enter the currency market, which accounts for why big Gaps exist in the market on Sunday when markets open. It can be positive if the trade you are holding happens to jump even more towards you or a bad thing if the opposite is the case. When it is the weekend, stay away from holding the trade. Friday is when I close, and Monday is when I get back looking for re-entry.
This as well provides an avenue for another strategy to trade the gap at the weekend. This strategy is pretty well-known and could be worth your interest.
