September 2018 Market Update

Global markets displayed continued growth for the month with the Dow industrials managing a 2% gain and just over 7% year to date. The S&P managed a gain of 0.5% and 9% respectively. Our trade signals outperformed these gains.   

It proved a good time to start my second larger account. I have now committed to using higher gearing on my £10,000 account by increasing position size on trade orders. If unsure what position size to use, it is recommended to start small and increase only when ready and preferably once you have both seen and withdrawn some profits. 

This month a total of 200 trade orders were provided which is below average. A total of 38 or 19% of trades were activated which is average activity. Considering the 5% monthly target was hit earlier on in the month, I decided to issue less orders for the remainder of the month. Often when targets are hit early on in a  calendar month, less risk will be taken for the rest of the month which makes sense from a risk/reward perspective.   

This month of September has banked 4.8% making £720 on my £10,000 account due to higher leverage (1.5) used. The PREMIUM service delivered a higher return of 6.6% or £990 over the same period with the same leverage used. 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.