Trading Systems - Performance - January 2008 |
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| Thursday, 07 February 2008 | |
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January has been characterized by deep downside movements that affected stock indexes worldwide. High instability generated by concerns about recession has increased volatility considerably. In order for our clients to avoid facing excessive risk, we decided to recommend a more conservative trading strategy through shorter stop ranges and fewer overnights. This strategy implemented on index futures, particularly on FTSE, has reported good profits with lower risk exposure.
The Crude Oil future hit its record high at $100,09 and afterwards it started a constant decrease in price. Such a clear movement was perfectly caught by our Trading System, generating a very good profit. On the other hand, the Euro FX Future moved within a restricted range. It was only pushed out of it by the extraordinary decision taken by the Fed on January 22nd. For further information on January's performance click here.
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