The first month of trading in 2020 ended with excellent success thanks to the We-Spread strategy on US, Italian and forex stocks. The results were in line with our forecasts.
Spread trading is the trading logic that envisages 2 market positions both in buy and in sell in order to protect the trader from the risk of strong bullish or bearish trends. Knowing how and when to enter with the long / short combination allows to obtain a fair profit and a controlled risk.
The best trade closed in profit in January was Sell by Apple and Long by Microsoft which made us earn almost + 6% in 7 trading days.
On the shares we gained 12% of the invested capital while on the forex we traded little but in profit of +75 pips.DD less than 7%
Here we are in mid-February with a market under constant pressure for commodities with particular attention to #Petrolio, #NaturalGas and # Caffè which have created important lows. On the other hand, the equity part is still moving upwards, not worrying about the global commercial consequences of the #coronavirus.
The We-Spread systems on #forex and on #usa #usa and #commodities continued to work during the week with a slowdown in the last 2 days. In any case, the% since the beginning of the month are positive and in line with the previous months
The EURUSD trend have done a break today... The system is in stress (about 10% DD) but we have already worked in the past in similar situations. We continue to trade in confidence to our system and vision.