Just a quick note to bring you up to date with how trading has gone for this month so far. I continue to trade on low trade size due to high volatility and market uncertainty. The key aim of this service is to make a worthwhile return with a minimal time commitment. If followed correctly, no more than 15 minutes per day.
Further details of the service can be found on my website www.analystonlineuk.com. Please bare in mind that the website is currently work in progress as it is a new site as of last month intended to be more mobile friendly compared to the old one. Feel free to contact me on questions about the service in the interim.
Last year since launch in September, Set and Forget Trading levels produced a 55.8% return. Since February, the market has undoubtedly changed with increased volatility and market uncertainty and I feel it is more difficult to make a large positive return as the “buy the dip” strategy wold not serve well considering the indices have witnessed several negative sessions. This week has been positive, although I believe it is premature to declare that the US indices have bottomed out. Therefore, I am sticking to low trade size and happy to aim for 5% per month
Today only one trade has been activated so far. I have found that on average no more than 3 trades are activated on a daily basis. The month of May has banked 4.6% so far. I continue to use low trade size on my £10,000 account and made £460 which I am content with, considering how much risk and little time and effort was taken to achieve that. Past performance mentioned is no indication of future performance and may not be repeated.