We have reduced the majority of risk we carry on our strategies in the lead up to Christmas. Therefore you will see lower lot sizes opening in your accounts from now on.
Normally trading is quite over Christmas and New Year but suspecting like everything in 2020, it could be different this year.
The reason being that there is still some big news events to come out regarding Brexit, US Stimulus, Covid vaccines and shut downs due to Covid. Also if traders are getting locked down due to Covid, well they might just look to still trade over the holiday period especially if big news comes out after Christmas.
Normally we would to shut down the majority of our strategies a week or two out from Christmas and not trade at all. But this year we are going to keep monitoring the market and if the market remains active, than the strategies will continue to trade but with lower risk.
So some strategies might trade over the holiday period whilst others will stop trading altogether.
Any queries, please do not hesitate to come back to us.
Brindabella Capital
