May 2019 Market Update

Global stocks fell as trade tensions ratched up and nervousness over global growth spread. Financials and mining proved weakest in the UK, with the FTSE 100 losing -3.4%. Industrials in the Eurozone were hit hardest with the German DAX losing -5.6%. Energy and technology were the weakest in the US, with the Dow Jones index suffering a decline of -6.8%. This led to the first losing month of the year. Losses were contained fairly well though, especially in the PREMIUM service.

May saw a total of 272 trade orders delivered. You can expect 200 to 300 trade orders in any given month. A total of 62 or 23% of trades were activated which is average activity. Generally no more than 30% of trades are activated in any given month. Both services delivered a negative return this month but outperformance was still witnessed in comparison to the losses faced in the indices we cover. The STANDARD service lost -3.6% whereas the PREMIUM service only shed -2.4%. The PREMIUM service resulted in a loss of -£360 on my £10,000 account due to higher leverage (1.5) used.

Using low leverage means low drawdowns however if you are comfortable in taking more risk, gains can be multiplied by increasing position size. My position size is included in my orders but obviously users can amend this according to their account size or risk profile. Past performance mentioned is no indication of future performance and may not be repeated.