There are certain times when staying in the market is simply dangerous. The current election in the U.S. is one of these times. As the biggest influencer in the global markets (and therefore currencies), the uncertainty during the counting process generally leads to massive swings in currency pairs. This is often exaggerated as the price action triggers many algorithmic trading systems out there which further distorts a 'normal' market.
Most professionals simply sit on the sidelines and wait for the dust to settle before re-entering and that's exactly what we are doing. We turned off our systems today and will turn them back on when we see the market start to settle again. This could be a couple of days.
Quick Results Update
The last 4 weeks has seen a solid return of 6.3% on the Conservative mode and 10.9% on the Turbo mode.
There is definitely no need to be greedy and try for more gains during the election frenzy - that would simply be gambling!
One More Thing
Even though we have turned the 'investment' software off, we have implemented some beta software behind the scenes specifically designed for market volatility like this. We named this software strategy 'the Stalker' and we will deliver updates on how it performed when the dust has settled.
If it delivers some solid results, we can hopefully make this available to members somehow in the future. Stand by!
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