It’s not a big secret that the current situation at Greece and alsoUkraine influences the market quite a bit. But most algo-traders ignore such states and continue trading as Norma. Here is where the fundamental analysis comes into play. While an experiencedtrader can profit from a volatile market, high volatility is almost an exclusive territory for the big players. They can make enormous profits at a short time. But when the potential is high so is the risk.
We at Algonell advise you to avoid such times and pause you trading machines until the market stabilizes. At the Forextrading, it is as important to diminish loses as it to increaseprofits. Avoiding unnecessary risks is a skill a veteran trader must poses. So we give our machine some rest until theReferendum at Greece and we suggest you do the same.
Happy Trading
Team Algonell
