January 2019 Market Update

Global equities gained heavily with dovish messaging from the Federal Reserve and optimism that US-China trade relations could improve. UK markets bounced back but lagged global equities as a result of sterling strength. The FTSE 100 rose 3.6% while the Dow Jones moved higher by 8.5% almost recovering the full decline witnessed in December 2018.

As expected after a negative previous month, January saw a very convincing bounce back in the major indices and our performance, A total of 288 trade orders were provided which is high activity. A total of 78 or 27% of trades were triggered. Generally no more than 30% of trades are activated in any given month.

This month saw an outperformance of the PREMIUM service once again but both delivered double digit gains as seen in 2018 indicating that January seems to be a good month. The STANDARD service gained 10.8% whereas the PREMIUM service boasted a gain of 14.2%. The PREMIUM service delivered a gain of £2,130 on my £10,000 account due to higher leverage (1.5) used, a record gain to date.

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.