October 2020 was a great month for Brindabella Capital and our investors. November net returns will be less due to the strategies being put on hold whist the US Election takes place. The way 2020 is going, my prediction is a draw and a recount to take place. But lets be more positive and there is a clear result so everyone can move forward and more importantly we can turn our strategies back on.
The reason we turn the strategies off is the majority of traders are waiting for a result. So any trading that is happening can be thin so you get large up and down movements occurring. Also the spreads can be large on buying and selling so hard to enter and exit the market. So best to just stay out, wait for the election result to wash through the market and than turn the strategies back on.
