November 2018 Market Update

Global equities generally posted only modest gains in November due to continued concerns and about trade wars and economic growth. Lower crude oil prices weighed on the energy stock heavy UK FTSE 100 which helped contribute to an overall decline for the month. Both services managed a gain in the penultimate trading month with the PREMIUM service managing to deliver a better gain than the loss suffered in October.

This month a total of 284 trade orders were provided.  You can expect up to 300 trade orders in any given month. A total of 75 or 25% of trades were activated which is fairly high activity. Generally no more than 30% of trades are activated in any given month.

The month of November once again saw a noticeable difference in performance between our two services. The STANDARD service gained 3.4% where as the PREMIUM service boasted a gain of 5.6%. The PREMIUM service delivered a gain of £840 on my £10,000 account due to higher leverage (1.5) used.

Using low leverage means low drawdowns however if you are comfortable 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.