chapter 19
History lessons
Betting against 100 years of stock market history can be very risky, especially if you know in advance the odds of the market rising or falling at certain points of the year. More importantly, there are specific reasons for these price trends having a habit of repeating themselves year in year out.
Trading Secrets reveals how you can position yourself to maximise profits and minimise potential losses by trading off this valuable knowledge and, in particular, avoid trading losses during the weakest-performing months of the year – May, June and September.
May day blues
Make no mistake, May has a terrible record. In fact, the UK stock market has produced a loss or around 0.5 per cent a year, on average, during this ...
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