In the height of summer, liquidity in exotic pairs thins as European institutional desks run reduced staffing and commodity-linked flows slo

In the height of summer, liquidity in exotic pairs thins as European institutional desks run reduced staffing and commodity-linked flows slow. That means spreads widen and execution quality drops. The trader who ignores this dynamic runs a compounding disadvantage: even a good idea can become unprofitable purely through entry and exit costs.The fix is not to trade less - it is to trade smaller. A position-size reduction of twenty to thirty percent can offset the typical summer spread expansion without meaningfully reducing your potential. Combine this with a pre-session volatility filter and you have a money-management routine that respects the...