Trading Stocks – Chol HaMoed
Question
Shalom and blessings.
Is it permitted to trade on the stock market during Chol HaMoed?
I will detail the possibilities a bit:
1. Buying and selling stocks
2. Buying and selling by means of automatic orders that were entered before the festival
3. Selling a stock in order to prevent a loss
Is it permitted to trade on the stock market during Chol HaMoed?
I will detail the possibilities a bit:
1. Buying and selling stocks
2. Buying and selling by means of automatic orders that were entered before the festival
3. Selling a stock in order to prevent a loss
Answer
Shalom and blessings.
Permission to engage in trading on Chol HaMoed exists only in a case of potential loss.
Therefore, only when a particular stock rises or falls significantly is it permitted to buy or sell.
Accordingly:
1. It depends on the situation, as stated above.
2. Permitted.
3. Permitted.
Answered by
Answers questions at Rav Amram Fried's Beit Horaah
Smicha "Yoreh-Yoreh" (2012), Rav Amram Fried's Beit Horaah
Orach Chaim, Yoreh Deah
About the Rabbi
Source
Shulchan Aruch, Orach Chaim, siman 539
Comments
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