Should we keep Trading Markets Closed on 01 Jan Every Year?

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We have been trading and recommending in the stock market for decades and have come to a firm conclusion that the stock market should be kept closed on 01 January every year as it is considered as a bad omen if one makes a loss on the first day of the year. Moreover, one is not able to enjoy the party being thrown on the last day of the year.

If it happens to be a holiday on 01 Jan every year in the market, we are going to see that traders will be able to enjoy in a better way and it will act as a good stress buster. This is the reason we do not provide our intraday tip on 01 Jan as it is at times better to be away from the market as it is also a strategy by itself.

As we can see from the adjacent image, that majority of the stock markets worldwide are closed on 01 Jan every year and let's see if the agencies can take a cue from it and come with a policy to keep the market closed on first of every year as hell is not going to let loose if market is closed for a day which can provide much-needed succour to the market participants.


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