Why I Don’t Trade During the Holidays
David Mitchell • December 8, 2020
We have a lot of things we could worry about if we wanted to focus on those things, but you know what I like to focus on? Who is in control. God is sovereign.
I don't like to trade during the holidays. So just from a little bit before Thanksgiving, all the way through Thanksgiving, all the way through Christmas until I don't know, the first week in January, I'm not in the market normally. And there's some exceptions to that, but normally that's what I do, I just don't like to trade. Now, there's some reasons for that. First of all, the big players actually are human beings and they go home for vacations around Thanksgiving and Christmas and so the volume is a lot lower on Wall Street and stocks can tend to just kind of go flat. Not much happening. Not nearly as much news either. Of course that's what drives the market so it gets quieter.
Now the other thing is, it's also safer not to trade when volume is low. The reason for that is because the big boys are gone and you've got less volume, so the retail traders, the ones that don't know what they're doing, sometimes they're jumping around buying things they shouldn't be buying. It's just not a good environment for trading. But the main reason I don't like to trade is because I like to spend time with my family. Now, listen, why create time freedom if you're not going to take the freed up time and use it to know the Lord better, spend more time with the Lord and more time in the Scripture, spend more time with your kids, if you have grandkids more time with your grandkids, and your spouse? That's what the time freedom's for. I like to use this time for family.
Now here's a great thing to do also during time off during the holidays: you could do a lot of paper trade charting. Why is that important? Because it gets your eye used to seeing these patterns. You get better and better at recognizing patterns as you look at charts.
But what else could we use our time for during the Christmas holidays? Well, what about thinking about what Christmas is all about? One of my favorite passages to look at this time of year is Isaiah, Chapter 9, Verses 6 and 7. It's a real familiar passage, but I want us to take a closer look at it. It says, "For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace. Of the increase of his government and peace there shall be no end, upon the throne of David, and upon his kingdom, to order it, and to establish it with judgment and with justice from henceforth even for ever. The zeal of the Lord of hosts will perform this."
When you think about the Christmas season, we need to think about who Jesus Christ is. He is not only the virgin born Son of God, all of the fullness of the Godhead bodily, but He is Wonderful, He is our Counselor. You know, when we look around, we think about things, I don't know what side you stood on during the election, I know this, half the country is thrilled to death right now, half the country is depressed right now. It would have been that way no matter who won, right? At the time of this writing, our country is divided and we've got the COVID pandemic still going on, in fact, heating up a little bit worldwide it seems like. But at the same time, we've got the hope of at least three vaccines mentioned already. And that all affects the stock market too, doesn't it? Yeah, the market's been up because of that, even in the midst of COVID.
We have a lot of things we could worry about if we wanted to focus on those things, but you know what I like to focus on? Who is in control. God is sovereign. He's in control over everything. I hope you and your family have a very Merry Christmas and spend a lot of that free time you have thinking about what and WHO Christmas is all about, Jesus Christ.
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By Ben Mitchell
•
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What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell
•
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If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
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Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
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•
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Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
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What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell
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By Ben Mitchell
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What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By Ben Mitchell
•
June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell
•
June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell
•
June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell
•
June 10, 2025
Experienced traders know this: Sometimes trades go against you. It’s going to happen. And it’s normal. But here’s the thing you need to know: You only need to get 5 or 6 trades out of 10 right to win in order to be profitable, and to have the potential to change your life financially. The key to becoming profitable isn’t to have every trade go perfectly. It’s to win big and lose small. And a good rule of thumb to shoot for is making a 30%+ return on a trade when it works, and only losing 8-10% at the most if the trade doesn’t work. If you want to learn more about how to maximize your gains and minimize your losses, join us for the next Unlock the Stock Market Challenge, where we’ll teach you the foundations of trading in just five days.
By David Mitchell
•
June 9, 2025
Experienced traders know this: Sometimes trades go against you. It’s going to happen. And it’s normal. But here’s the thing you need to know: You only need to get 5 or 6 trades out of 10 right in order to be profitable, and to have the potential to change your life financially. The key to becoming profitable isn’t to have every trade go perfectly. They key to becoming profitable is to win big and lose small. And a good rule of thumb to shoot for is making a 30%+ return on a trade when it works, and only losing 8-10% at the most if the trade doesn’t work. If you want to learn more about how to maximize your gains and minimize your losses, join us for the next Unlock the Stock Market Challenge, where we’ll teach you the foundations of trading in just five days.