Per our last message we have turned the strategies back on. The reason for turning off the strategies was volatility went very high very quickly and many in the market were caught by how quick it occurred.
There is an expectation strategies will continue to be turned off an on if volatility reaches similar limits again.
All this volatility is due to Trump releasing tariff news without understanding the consequences on his actions. When the stable bond markets began to be impacted, he backed down immediately like he did not even release the tariff news – except for a 90-day review.
We have made the decision to stop trading on the following strategies as they have not been performing as we want: The GBR HR, Karijini HR, All Tassie SR and All Tassie HR.
With our Higher Risk (HR) strategies they do now need to be considered high risk in current market conditions. The reason we started the HR strategies was the lack of volatility in the market but that is not a problem now. We will continue to monitor them to see if risk becomes too high. But what is happening is the market now just waits for tariff news and ignoring other large news events. This causes large volatility when tariff news occurs and outside this, very little volatility.
As the strategies have only been turned back on, we have lowered lot sizes across all the strategies to give them time to load market data whilst they were turned off. Some of the strategies have had bots removed as performance was to high risk.
In addition, we have moved our terminals to updated servers which we could only do if all strategies have been turned off. But again, data needs to be loaded.
With our Quobba and Grampians strategies we have been rebuilding them to trade on the MT5 terminals. The MT4 will continue, but if all goes to plan, we will look to move them across to MT5. Will look to provide through tracking once it has been trading for a couple of months.
We will continue to monitor the strategies and news events and how the performance is tracking.
Any queries, please do not hesitate to reach out.
