June 2019 Market Update
June proved to be a strong month for the global markets, with the German DAX narrowly leading posting a gain of 8.2%. The Dow Jones index added an impressive 7.9% and the FTSE 100 put on 3.7%. All moves recovered more than the previous months losses. The US S&P 500 index achieved a new record high helped by progress that trade tensions may end by next month. Eurozone shares advanced with ECB’s Draghi hinting at further monetary policy easing if the inflation outlook failed to improve.
Both services delivered a return well above target levels which vary depending on the trading environment. In a normal market the STANDARD service aims to deliver 2.5% per month and the PREMIUM service aims to accomplish 4% per calendar month. A total of 286 trade orders were provided. You can expect up to 300 trade orders in any given month. A total of 81 or 28% of trades were activated which is high activity. Generally no more than 30% of trades are activated in any given month.
The month of June once again saw a noticeable difference in performance between our two services. The STANDARD service gained 9.6% narrowly missing double digit growth whereas the PREMIUM service managed a gain of 12.4%. The PREMIUM service delivered a gain of £1,860 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. Past performance mentioned is no indication of future performance and may not be repeated.