May confirms the atypical market phase we are experiencing. But it did not prevent us from reaching a decent profit last month.
This article explains what trades Marco Doni and his team entered in May 2020. It also explains the performance in relation to the current economic environment.
On the one hand, the real economy began suffering substantial post-lock-down effects. On the other hand, the stock market continues to recover thanks to the Fed’s liquidity injections.
Another aspect to consider is also the rising sensitivity of the stock exchanges to news that responds with wide volatility peaks. This situation increases market complexity by influencing typical cyclical trends.
Regarding the ecs.OPTIONS service from Marco Doni: the May month produced fewer entry opportunities due to the market range. There were also more trade management difficulties but in the end, this didn’t prevent us from obtaining a positive result even in May.
Below a summary of our trades:
The total profit from our trades in May was +57%. May was a quiet month with few setups but certainly a very profitable one.
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Marco Doni – ecs.OPTIONS expert and CNBC contributor
The articles are not intended to give any advice on how to invest money, they are just for educational purposes.