August 2018 Market Update

The US markets outperformed the UK and Eurozone markets this month with the Bank of England announcing a further increase in base rates to 0.75%. Nevertheless a small gain was managed from both of our trade signals services leading to three winning months in a row.   I continue to use low leverage on my original 10k account and am making adequate gains for the time spent. I have decided to start my second larger account at the start of September where I will use the same low leverage but I will be utilising higher leverage on my original 10k account instead.  This month a total of 220 trade orders were provided which is slightly below average. You can expect anything from 200 to 300 trade orders in any given month. A total of 42 or 19% of trades were activated which is on track for average activity. Fewer trades are much easier to manage and trading for the sake of it invariably leads to failure. This month of August has banked 1.6%  making £160 on my £10,000 account. The PREMIUM service delivered a slightly higher return of 2.6% or £260 over the same period. 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.